The Bitcoin Correction May be Over
The long-anticipated correction of bitcoin's price has taken place, with the price falling to the .382 fib.
I believe this fall was not because of negative bitcoin news but because of the RSI bearish divergence which has now been corrected.
That being said, I suspect that we will close the daily candle at the .5 Fibonacci around 46,700.
From there, I find it likely that we will bounce off of the bottom of this range and continue upwards.
God Bless!
I believe this fall was not because of negative bitcoin news but because of the RSI bearish divergence which has now been corrected.
That being said, I suspect that we will close the daily candle at the .5 Fibonacci around 46,700.
From there, I find it likely that we will bounce off of the bottom of this range and continue upwards.
God Bless!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.