Bitcoin is Bullish for 3-4 days, it stays nicely above 200 EMA (we talk about lower time frames)
There is a nice pattern that keeps repeat, the price is moving slowly upward followed by a sudden crush, but the interesting thing is that the crash don't affect in any way and the price starts to climb right after.
RSI (21) gives a better picture.
So it will confirm a bull trend even in high time frames or is just a toy for big boys?
There is a nice pattern that keeps repeat, the price is moving slowly upward followed by a sudden crush, but the interesting thing is that the crash don't affect in any way and the price starts to climb right after.
RSI (21) gives a better picture.
So it will confirm a bull trend even in high time frames or is just a toy for big boys?