BitcoinLong
Next Possible BTC Swing Entry
We are starting to get a bearish divergence on the RSI, so this may be the top, but certainly could eek out a few more points while RSI maintains Divergence. So for now this is the current entry for next swing long. Will update this as top develops.
The shaded red Area is the fib resistance zone from ATH to most recent Low as shown in previous charts. It has almost completed it's move through it, with a break of $780 area confirming full blown bull market is here. To me this indicates ATHs will be surpassed in relatively short order, halving will probably amplify volatility as daily sell pressure shrinks significantly.
In any case this is an awesome market to be trading right now.
The shaded red Area is the fib resistance zone from ATH to most recent Low as shown in previous charts. It has almost completed it's move through it, with a break of $780 area confirming full blown bull market is here. To me this indicates ATHs will be surpassed in relatively short order, halving will probably amplify volatility as daily sell pressure shrinks significantly.
In any case this is an awesome market to be trading right now.
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