BTC: 3-day MACD + RSI
Looking at the 3-day chart, we can see that BTC has been heavily oversold. We also just got an upward cross on the MACD which usually results in a rally.
In my opinion, the only way the trend would shift to a new bull cycle is if that upper trend line gets broken and BTC starts making higher lows.
There is still a lot of uncertainty in the markets, and it would not surprise me to see another low before breaking that trend line.
In my opinion, the only way the trend would shift to a new bull cycle is if that upper trend line gets broken and BTC starts making higher lows.
There is still a lot of uncertainty in the markets, and it would not surprise me to see another low before breaking that trend line.
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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.