Bitcoin back up after healthy correction and major week.
Target last top of bitcoin very soon when weekend is over. Bitcoin is ready to bounce back up after healthy correction and give us a new buy opportunity. Downtrend breaks after correction, support at 13000 to keep in mind. Buy volume is rising, weekend sell off give us a good entry and the exchanges are not as busy as last week rise to 17000 dollar. MACD and RSI are showing good signs and have the chance to go back up, MACD and RSI where to high, overbought signs and a lot exchanges where over crowded to trade any crypto, so people that are holders, hold on. People that trade have the disadvantage to miss out a good exit or entry point, the weekend is always a bit more calm, be ready. Next stop for bitcoin is the last top and beyond. Bitcoin has a new range after the last top.
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.