seba26-77

Bitcoin! Overbought on 1 day chart

BITSTAMP:BTCUSD   Bitcoin
Hallo Traders
The Relative Strength Index (RSI), a momentum indicator that measures the degree of recent price movements to analyze overbought or oversold levels, has surged to 82 on Bitcoin's daily chart. We are slowly approaching the maximum of 89 that Bitcoin reached 2 years ago.
It seems that the price has not yet reached the bottom and in the coming months we should see a new LL??
Let's wait and see if the MA200 (yellow line) will push Bitcion higher than 19.4k, if price bounces south there will be a price slide to 17.5k to start
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.