BTC: The Monthly Chart
A couple weeks ago, I charted a 5 wave pattern in a falling wedge that would bring BTC down to about 22K - 24K.
However, looking at the monthly chart, we can see that BTC has not had a full close under 30K (yet). The interesting part is that the monthly RSI and the percentage drops are identical to March 2020 (60% - 65%).
The question on my mind is, will BTC have a full monthly close below horizontal support like in November 2018, or does this monthly candle look more like the March 2020 situation?
Feel free to share your thoughts.
However, looking at the monthly chart, we can see that BTC has not had a full close under 30K (yet). The interesting part is that the monthly RSI and the percentage drops are identical to March 2020 (60% - 65%).
The question on my mind is, will BTC have a full monthly close below horizontal support like in November 2018, or does this monthly candle look more like the March 2020 situation?
Feel free to share your thoughts.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。