As Bitcoin just dropped, it formed a descending channel, that the lower band is rejected once
As of right now RSI is in Oversold territory.
Still as we said before, by holding 43000$ we may have a minor correction till 47600$, but as long as Bitcoin is in the channel, please do not expect any bullish trend
Trade carefully
As of right now RSI is in Oversold territory.
Still as we said before, by holding 43000$ we may have a minor correction till 47600$, but as long as Bitcoin is in the channel, please do not expect any bullish trend
Trade carefully
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