what will happen if BTC drops to 30 K ?
hello everybody
if you look at the chart from 2018, only 2 times rsi reach to 30 - 40 level .
once 10 Dec 2018 which rsi was 29 and the price was around 3000 $ .
second time 9 Mar 2020 which rsi was 33 and bottom was around 3000 - 5000 $ .
also, we have 200 WMA on the weekly chart, and the price getting close to it.
you can check price action with 200 WMA from 2018 too.
every time the price crossed down the WMA then crossed up again, it was bottom in long term.
.....
do your own research.
not financial advice !
if you look at the chart from 2018, only 2 times rsi reach to 30 - 40 level .
once 10 Dec 2018 which rsi was 29 and the price was around 3000 $ .
second time 9 Mar 2020 which rsi was 33 and bottom was around 3000 - 5000 $ .
also, we have 200 WMA on the weekly chart, and the price getting close to it.
you can check price action with 200 WMA from 2018 too.
every time the price crossed down the WMA then crossed up again, it was bottom in long term.
.....
do your own research.
not financial advice !
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