When to buy the dip - NOT ADVICE. DYOR
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Just published: Bull run comparisons using 61.8% retracements and 200 MA
See how 61.8% retracement June 2016 measures up with June 2019 from Dec 2013 and Dec 2017 Highs respectively. Also how 200 MA High June 2014 measures up with June 2018, & price crossovers of June 2016 & June 2019 respectively. All part of the securitization & commoditization of a new asset class NOT ADVICE. DYOR.
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Signal line of MACD has turned up, and bitcoin still in uptrend, therefore, although RSI's may hit low end at some point In future I'm now speculating that price has found a base, and ready for next shot at the moon. NOT ADVICE. DYOR.
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See my latest postings. I have since given less weight to RSI and more weight to MACD signal line having switched to positive - the low in this dip having been made just prior to that. NOT ADVICE. DYOR.
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Just noticed that I'd already commented about this Aug 18. Cool.