Possible Short Term Rally?

trendanalysis bitcoin btc btcusd btcusdt bitcoinforecast btc_usd xbtusd

As you can see, Bitcoin remains in a downtrend. There is no certainty of a bull-market break out, specially since 2019 already had a 359% bull-run. This rally is based on the closing weekly candle.

Also, the RSI is basically that of what we saw in Nov 2018 when Bitcoin fell to $3,000 so this is something to watch.

Thoughts?

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Idées en relation

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