OVERSOLD BTC
We can see starting from April, the beginning of the bullish phase, that the trend has not changed.
We find BTC oversold, in a tracing and accumulation phase called CORRECTION.
Obviously it is a dangerous and difficult point to understand.
If BTC is in a bullish phase then it does not go down under this support (8k).
In these cases the fundamental analysis works better than the technical one.
We find BTC oversold, in a tracing and accumulation phase called CORRECTION.
Obviously it is a dangerous and difficult point to understand.
If BTC is in a bullish phase then it does not go down under this support (8k).
In these cases the fundamental analysis works better than the technical one.
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