BitcoinLong
POTENTIAL BULLISH VIEW FOR BTC
Historically speaking on the 1 month chart whenever RSI crossed below the 50 mark, it indicated of an upcoming exponential rally.
This indicates that we can potentially expect to find a bottom soon before seeing an exponential upward price action.
However, the world economy has changed quite a bit within the last 2 years, and with the reasonable expectation of an oncoming recession, there is a potential that we will see much more downwards price action before we see a reversal of the downtrend.
This indicates that we can potentially expect to find a bottom soon before seeing an exponential upward price action.
However, the world economy has changed quite a bit within the last 2 years, and with the reasonable expectation of an oncoming recession, there is a potential that we will see much more downwards price action before we see a reversal of the downtrend.
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.
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.