$BTC A warning in the #Bitcoin Charts, $20,000 by August 2020?
Another attempted at the trendline shown in black has been rejected. Yesterday on the 4hr I could see a short term buy. But now would be stupid to get in.
Stochastic RSI overbought on the 4HR Daily Weekly
RSI stretching on the daily, but sell signal on the 4HR
Sub $5000 would see more accumulation.
If everything from here is fine economically than we would see us pass $20,000 by August 2020 and over $100,000 by end of 2021.
However if a recession, war or anything negitively impacted it will cause the opposite effect.
Stochastic RSI overbought on the 4HR Daily Weekly
RSI stretching on the daily, but sell signal on the 4HR
Sub $5000 would see more accumulation.
If everything from here is fine economically than we would see us pass $20,000 by August 2020 and over $100,000 by end of 2021.
However if a recession, war or anything negitively impacted it will cause the opposite effect.
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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.