BTC/USD hidden RSI primed for breakout above former weekly ATH
Pretty self-explanatory.
We can see how the earlier hidden RSI div broke out post BTC ETF announcement.
Now we've flushed out all the downside liquidity, it seems to me like there's really only one direction BTC prices can go. This new hidden RSI div is even deeper, most likely due to Germany's aggressive selling earlier this month.
Currently testing the former ATH weekly close ~65K.
If we break this, the next resistance sits just under the 70K level. After that, it's blue skies and price discovery shortly thereafter.
If you've survived this long, chances are the darkest days are now behind you. Sit back and enjoy the run up. Should be a great next 7 months.
Let's get that bread.
We can see how the earlier hidden RSI div broke out post BTC ETF announcement.
Now we've flushed out all the downside liquidity, it seems to me like there's really only one direction BTC prices can go. This new hidden RSI div is even deeper, most likely due to Germany's aggressive selling earlier this month.
Currently testing the former ATH weekly close ~65K.
If we break this, the next resistance sits just under the 70K level. After that, it's blue skies and price discovery shortly thereafter.
If you've survived this long, chances are the darkest days are now behind you. Sit back and enjoy the run up. Should be a great next 7 months.
Let's get that bread.
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