Hello my friends, today I want to talk with you about BTC.
For last few days BTC fell more than 50% down from 31,500 to around 20k for now.
And for now at the deep from support zone 20,000-21,000 USD price created a divergence with RSI index.
As you can see BTC created 3 lows but the RSI index create new highs.
That means we can see upward impulse from a short-term perspective.
I think the price can bounce from the support zone and hit both targets.
Target 1 is level 23,000 and Target 2 is level 25,000 USD
So be ready for such a scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment, thank you.
For last few days BTC fell more than 50% down from 31,500 to around 20k for now.
And for now at the deep from support zone 20,000-21,000 USD price created a divergence with RSI index.
As you can see BTC created 3 lows but the RSI index create new highs.
That means we can see upward impulse from a short-term perspective.
I think the price can bounce from the support zone and hit both targets.
Target 1 is level 23,000 and Target 2 is level 25,000 USD
So be ready for such a scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment, thank you.