it's clear as day light ... downtrend broken.
now you know why BTC is going up this way. the rsi is oversold because of the FOMO ... it's obvious that BTC broke out of the downtrend
as there is no major resistance until 11,7k don't expect any large correction soon.
this is why some alts are doing so well, look at EOS ... it went to 5S to 15$ in 2 weeks and it doesn't seem to stop very soon.
as there is no major resistance until 11,7k don't expect any large correction soon.
this is why some alts are doing so well, look at EOS ... it went to 5S to 15$ in 2 weeks and it doesn't seem to stop very soon.
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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.