The price of $80200 — $93430 are the lows and highs of a large volume candle before giving us a false break, and then it took off.
Now we see on the RSI indicator that the trend has been hit 4 times and it was the bottom.
Now for the fifth time, we might see a false breakout for the volume candle at the price of $80200, and then it could take off; however, if it closes above $96000, that would be excellent.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin Weekly :-
The price of $80200 — $93430 are the lows and highs of a large volume candle before giving us a false break, and then it took off.
Now we see on the RSI indicator that the trend has been hit 4 times and it was the bottom.
Now for the fifth time, we might see a false breakout for the volume candle at the price of $80200, and then it could take off; however, if it closes above $96000, that would be excellent.