₿itcoin testing critical support on the 200DMA 🚨
Last time it closed under on July 4, 2024 it ranged for 101 days.
RSI hasn't been this oversold since August, 2023.
Last time BTC was at this RSI level and closed under the 200DMA it ranged for 60 days.
HOWEVER, the only time BTC has ever closed under the 200DMA on a Post-Halving year was in May 2021, where it then went on to rally to another new ATH.
I'm personally buying here 💯
Last time it closed under on July 4, 2024 it ranged for 101 days.
RSI hasn't been this oversold since August, 2023.
Last time BTC was at this RSI level and closed under the 200DMA it ranged for 60 days.
HOWEVER, the only time BTC has ever closed under the 200DMA on a Post-Halving year was in May 2021, where it then went on to rally to another new ATH.
I'm personally buying here 💯
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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.
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.