Path to 100k
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Since the start of the bullrun when bitcoin on the daily enters overbought zone above 70 on the RSI things start moving very quickly upwards.
We have a average of 32 days in this overbought zone so far in this bullrun , resulting in major acceleration in momentum. Since the 8th of January though we have been making higher lows.
I think breaking this key resistance formed on the RSI will be a major indicator of parabolic move possibly even leading to 100k. Using Fib time zones I keep getting the date April 10th , is it possible we cross the RSI over 70 on this date triggering huge momentum?
We have a average of 32 days in this overbought zone so far in this bullrun , resulting in major acceleration in momentum. Since the 8th of January though we have been making higher lows.
I think breaking this key resistance formed on the RSI will be a major indicator of parabolic move possibly even leading to 100k. Using Fib time zones I keep getting the date April 10th , is it possible we cross the RSI over 70 on this date triggering huge momentum?
Note
Daily RSI has broken the resistance formed , next step for massive momentum is entering above 70 zone.
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
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