BTC Nov 2021 Correction (Daily)
Lots of similarities in price action to the 2017 November correction on the 4hr (See my related chart).
Top structure is similar, capitulation and bearish retest of up trend line and 0.618, followed by a double bottom.
RSI is similar on both also, BTC is just lacking a bullish divergence on the 2021 daily.
Top structure is similar, capitulation and bearish retest of up trend line and 0.618, followed by a double bottom.
RSI is similar on both also, BTC is just lacking a bullish divergence on the 2021 daily.
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