Bitcoin's price movement after breaking below the Daily RSI 30
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
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
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.