FrancisRousseauDev

Bitcoin back to healthy levels

Long
BITSTAMP:BTCUSD   Bitcoin
- RSI on daily back to median position
- RSI on 4h back to oversold position

Why down?
=> BTC went down firstly because of major sell (15.000btc)
=> Liquidation of longs because of sellof
=> Afterwards UK inflation numbers were published (10%)

Why up?
- EU approves crypto licensing

=> Will probably test 32k again, weekly close above 32k would be great.
=> If we go lower, we might test the resistance at 28k first
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