batleth

BTC weekly looking to break up soon

COINBASE:BTCUSD   Bitcoin
BTC is approaching 20RSI on the 4/1/15/5. I expect that to cool off a little and continue to dump down to 7500 or below, which will push the daily RSI into oversold. Every time BTC daily RSI gets oversold the price doubles. Given that the weekly equilibrium is looking to break in the next few weeks, this is a PERFECT technical setup to explode up and re-test 15k towards the end of August. Finally starting to feel bullish for the summer.

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