2. Prices went down for more than two months, changing hands of bitcoin.
3. Finally, we have touched the 365 days moving average, which is equivalent to the annual price average.
4. Prices fell, but RSI gradually rose to form a divergence.
5. It broke the 30K, the last psychological support line for ants, while turning the market upside down by creating significant buying volume. (Floor Basis and FOMO Formation)
6. We expect prices to be reflected along with the disappearance of price drop factors due to the resolution of Chinese bad news (mining market, no transactions) and US bad news (interest rate).
Thank you.
The ps. bong pattern used a 13-year double-top pattern. It shows how much the double top has shown since the first peak.
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.