Taking a look at the Daily chart, Bitcoin is nearing a very important resistance of $52,000! What ensues will determine if we will be nearing our ATH of $60,000 in September or if we will have another sell-off sending us down too retest our floor of $29,500.
If you take a look at the RSI it indicates we are in a bit of a downward consolidation which is typically followed by a massive swing in price. What's to come next will have a huge impact on the Crypto Market as a whole.
I am BULLISH!
If you take a look at the RSI it indicates we are in a bit of a downward consolidation which is typically followed by a massive swing in price. What's to come next will have a huge impact on the Crypto Market as a whole.
I am BULLISH!
