Bitcoin is still on the 4th/5th wave down. The 4th wave is a complex pattern, triangle, labeled ABCDE. RSI has been in a falling wedge this whole run and I believe the breakout will occur when the 5th wave takes us to oversold territory, the 19k region. We go to 6 digits after all the speculation and greed are gone...
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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.