Buy on RSI 51 red line
Buy on RSI 35 green line
Buy on Stochastic cross up
Whats your strategy?
Will it go beyond $10.000?
I think the main reason for the drop is that money is being moved to DeFi, and that miners mitigated some of their risk by selling at the moment it went above production cost. To understand production cost I can recommend to use indicator "Bitcoin Production Cost" by Capriole.
Best regards,
Jonas Olesen
Buy on RSI 35 green line
Buy on Stochastic cross up
Whats your strategy?
Will it go beyond $10.000?
I think the main reason for the drop is that money is being moved to DeFi, and that miners mitigated some of their risk by selling at the moment it went above production cost. To understand production cost I can recommend to use indicator "Bitcoin Production Cost" by Capriole.
Best regards,
Jonas Olesen
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.
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.