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Bitcoin's price movement after breaking below the Daily RSI 30
Bitcoin
Long
Bitcoin's price movement after breaking below the Daily RSI 30
By LucaTrego
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Jun 27
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Jun 27
Since January 2018 BTC has went up significantly after breaking under the Daily 30 RSI
On average of these 11 occurrences BTC goes up 245%
If we take just 1/4 of this and apply it to the current break of the RSI 30, then BTC has a chance to go up 60%, which would take it to 93k
Average time it takes to achieve this is 137 days
Oscillators
LucaTrego
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