In this analysis I want to talk about the upcoming Bitcoin top, and how to make sure you will exit at the "right" time.
As seen on the chart, every past cycle has topped at, or close at the purple RSI resistance drawn on the bottom half of the chart.
The strategy is simple, sell your BTC's in the month that the RSI has hit the top resistance. And Ideally, buy them back at a discount once the RSI hits the bottom support.
You will likely not catch the exact top, but will catch the top area better than 90% of traders.
As seen on the chart, every past cycle has topped at, or close at the purple RSI resistance drawn on the bottom half of the chart.
The strategy is simple, sell your BTC's in the month that the RSI has hit the top resistance. And Ideally, buy them back at a discount once the RSI hits the bottom support.
You will likely not catch the exact top, but will catch the top area better than 90% of traders.
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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🔥Premium Signals: www.fierytrading.com
