BTC Dont Get It Twisted
Updated
Btc has still not broken out of its downward trend, I believe we will see another "healthy retracement'" back to 8500 before another test of the bulls. if we see solid candles above the downward trend line we can confirm btc being bullish.
note: my lines are not on point but you get the picture (im new to doing my own analysts)
note: my lines are not on point but you get the picture (im new to doing my own analysts)
Note
i will just like to add as you can see the last RSI 61 was back in January 5th when BTC was 15000, it is sitting on the same RSI at 11000 which is making me further to believe the bear isn't over.
note: (generally) RSI-70 = overbought 30 = oversold
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