After careful thought and analysis with technical indicators,I think btc will still plunge down to 13k areas following chart will display that:
Note
The Weekly chart displays that it currently broke the 1W support and is now retesting it to continue with its journey on the downside, my RSI also shows me that it is coming from an overbought heading downwards.
Note
On a 1D chart, we can see a clear RSI has hit OVERBOUGHT AND now signalling downwards,it has also reached a resistance area,the direction must really be continuing to the downside of 13k areas
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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.