DennisJustTrade

BTC - Similar RSI drop as in 2018

INDEX:BTCUSD   比特幣
Depending on the shift and screen size, it is of course a different angle,
but the angle between both RSI Drops 2018 and 2022 is almost the same.

It is also a fact that there was still a trend reversal after such a fast drop
and i just wanted to show a pattern here that looks similar since 2018.

Therefore, things "could" continue this time with BTC and a trend reversal could follow.

In the end nobody knows exactly how the market is moving,
I just want to point out that the extremely bearish mood can also change quickly.

For my part, I still see BTC as a long-term bullish.

And that alone because of the ever-reaching digitization,
even banks are now looking at how they can integrate BTC.

Since I mostly only follow English accounts on Twitter, I also write in English here,
so please forgive my English Google translator. (The message should still be clear)

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