Bitcoin
Long

Prediction: Major Bitcoin Rally within next 24-48 hours

149
Bitcoin is bouncing off the bottom bullish trendline formed since April 2019 and the price is slowly moving upward. The RSI has not been this oversold since 10/24/19 when BTC bulled from $7,500 to $10,500. Because of both of these factors, I believe bears are exhausted and I expect a major rally upward in the next 24-48 hours, eventually bringing us up to retest the top of the triangle formation at about $9,500.

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.