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Breaking the Downward Current
As I said a few days ago, I noticed that the weekly RSI was starting to turn and predicted that Bitcoin would regain traction and test $50,000. We are seeing this now.My laser show of lines is starting to make sense. The next hurdle will be around $53,000 to regain a psychological win at the $1 trillion market cap. Momentum is continuing to pick up pace on The Daily indicators, and the only lags we should be seeing is that these milestone resistance levels. I imagine we will be visiting the ATH by New Year's. In the meantime, Alt coins are getting some much needed attention. Happy Christmas (etc) and Happy Trading!
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