In the following chart you can see where I predict the Bitcoin price will fall to during our next bear market - around $60k and lower around $30K.
$60K is also about the average buying price of MicroStrategy now called Strategy.
This levels also need to go in confluence with the weekly RSI and better two week RSI. If the weekly RSI is oversold, I will start deploying my stables into BTC.
$60K is also about the average buying price of MicroStrategy now called Strategy.
This levels also need to go in confluence with the weekly RSI and better two week RSI. If the weekly RSI is oversold, I will start deploying my stables into BTC.
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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.