Let's suppose that we are actually going into a bull market...
As you can see the 2017-18 rally had 5 massive pumps which had bigger corrections and they have some similarities in the RSI as well as their respect for the 55 EMA on the 3D chart.
Based on this analysis if we do have a sharp decline and we bounce hard from the $8600 level while bouncing off the 52 RSI area - I'd consider this a very bull move.
30 min ago I posted that I expect a bull move for BTC in the very short term, but in medium turn based on this analysis I do expect us to test $8600.
As you can see the 2017-18 rally had 5 massive pumps which had bigger corrections and they have some similarities in the RSI as well as their respect for the 55 EMA on the 3D chart.
Based on this analysis if we do have a sharp decline and we bounce hard from the $8600 level while bouncing off the 52 RSI area - I'd consider this a very bull move.
30 min ago I posted that I expect a bull move for BTC in the very short term, but in medium turn based on this analysis I do expect us to test $8600.
