Cryptogreen

BTC Slowly due for a correction

BITSTAMP:BTCUSD   Bitcoin
We haven't had a proper retest of the 16k area, so a correction to that area is imminent, i think. Even to the next lower support at 14k is possible. In previous bull runs BTC retracment of even 30% was considered "normal".
RSI has stil some space to grow, but the volume is shrinking... Also rising wedge formation is forming. Let's see...

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.