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Overheating? profit taking? To the moon?
Bitcoin
Overheating? profit taking? To the moon?
By Morchella
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Nov 16, 2020
2
Cheer
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Nov 16, 2020
*************BEARISH************************
Crypto Fear & Gread at ATH (
alternative.me/crypto/fear-and-greed-index/)
UP 60% in the last 6 weeks
RSI hitting overbought on the weekly chart
Reaching Psychological ATH resistance level
Fibo pull back 12k300
*************BULLISH************************
Institutional buying
Stock 2 Flow
Recession hedge
Retail LT holding
Fibo next resistance 20k
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The market will be judge.
Trend Analysis
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