Bitcoin update 24.7.18

in #btc • 6 years ago

So BTC managed to touch 8350 which is right on the fib from the previous high of 9950 and change. I'm expecting it to pullback to at least 7700 or 7500 level before continuing up. 7200-250 is not excluded.

pullback.png

If you check daily RSI it's at 79 and it's at highest since 20k run. It needs to cool off so don't fomo jump now, wait for the pullback. This are all extremely bullish signs, pullbacks have been shallow which indicates a strong bullish momentum.

#bitcoin #crypto #cryptocurrency #trading
6 years ago in #btc by
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