When to buy Bitcoin? Bull Rally - new run.💎

#BTC global update

▪️I drew a parabolic pattern on BTC to show when to buy and when to sell. On the chart, you can see both uptrends and downtrends (bear/bullish). At the moment we are trading in the bear trend and buying now would not be the best idea.

▪️What do indicators tell us?

💡Moving Average EMA 200 - look out for the orange line when the price is trading lower, this is a buy signal.

💡Relative Strength Index (RSI) - is oversold at a record high, giving a buy signal.

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