How many hours until we see BTC soar? Guys there is multiple scenarios here that can happen, as always. If you look at the Fib retracment you will see that we have support at the 0.5 Looking at the RSI we can see that BTC is want to curl up which will put us in to an uptrend. Today has been a Green Day so far. If we manage to get above 8800 and hold above that...
What do you think is going to happen? Many factors at play right here.
BTC needs to keep its strength to continue to climb. Come on BULLS you can do it!
Based off of the 1D RSI, Stoch RSI, shown on the 30M. Comparison from 2014 would indicate a bigger drop awaits, possibility of a rise to 8800 then drop. Volumes are lower than a month ago even though we seem to be bullish now and trust me I want to go to the moon and lambo haha but lets be realistic where are we sitting at the cycle with BTC?