In the middle of 2021 we can see a pattern of price and RSI (indicated with numbers and ellipticals). It's just a pattern, I hope this analysis be right for all who own btc usd.
"When touches white line, time to buy".
NOTE THE SIMILARITY!
This is an updated chart I published 29/12/21 (see link to related ideas).
I'd agree a lot with this. Institutional investors, businesses and the broader range of adopters want less volatility. It's not a sexy asset if prices fluctuate like crazy. This is true for the upside and for the downside. Hence, I believe we just see a little higher high than last time, rinse and repeat in a prolonged bull-market.
It's not a sexy asset if prices fluctuate like crazy. This is true for the upside and for the downside.
Hence, I believe we just see a little higher high than last time, rinse and repeat in a prolonged bull-market.