BTCUSD: Short Opportunity (Weekly):
Historically, BTC has always corrected 35-70% at the 90 weekly RSI. Averaging the last 4 corrections concludes to a 47% decrease in price for its upcoming correction. Ideally, i would keep eyes on the psychological level of $20,000 for a more conservative PT and see what PA does at this level, if it does reach this level.
Historically, BTC has always corrected 35-70% at the 90 weekly RSI. Averaging the last 4 corrections concludes to a 47% decrease in price for its upcoming correction. Ideally, i would keep eyes on the psychological level of $20,000 for a more conservative PT and see what PA does at this level, if it does reach this level.