DennisJustTrade

BTC - Similar RSI drop as in 2018

INDEX:BTCUSD   Bitcoin
Depending on the shift and screen size, it is of course a different angle,
but the angle between both RSI Drops 2018 and 2022 is almost the same.

It is also a fact that there was still a trend reversal after such a fast drop
and i just wanted to show a pattern here that looks similar since 2018.

Therefore, things "could" continue this time with BTC and a trend reversal could follow.

In the end nobody knows exactly how the market is moving,
I just want to point out that the extremely bearish mood can also change quickly.

For my part, I still see BTC as a long-term bullish.

And that alone because of the ever-reaching digitization,
even banks are now looking at how they can integrate BTC.

Since I mostly only follow English accounts on Twitter, I also write in English here,
so please forgive my English Google translator. (The message should still be clear)

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.