Seller Exhaustion
Updated
I may have been incorrect about the 20K bitcoin correction. Either that or we get a massive spike to the purple line, and then launch to new highs. We can see the RSI is below the 50 but not by much and the chart has failed to print new lows. It appears as though the bull market will be returning soon. Lets wait and see.
Note
Just for clarification, I still believe we have further to fall in the immediate future
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.