Indicators Suggest Further Downside On 4hr BTC Chart
Hi all,
With today's overall economy dip, Stochastic RSI, MACD still have room for more downside for BTC and therefore the overall crypto space. I would re-evaluate the situation at 38K, where we could bounce to retest previous support as resistance, or continue downwards for a brief wick. Either way, opportunity is on the horizon if you've got the ammunition.
With today's overall economy dip, Stochastic RSI, MACD still have room for more downside for BTC and therefore the overall crypto space. I would re-evaluate the situation at 38K, where we could bounce to retest previous support as resistance, or continue downwards for a brief wick. Either way, opportunity is on the horizon if you've got the ammunition.
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