As myself and many others on here predicted ~8k would be support and a possible bottom. Now that we have confirmation it is support... the only question left is whether it is also the bottom!
We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom.
This is reason enough for me to start accumulating bitcoin again to hold, but I am not convinced we will not go lower so I saving most of my cash for lower levels.
The next stop is ~5k if 7.6k Fails.
We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom.
This is reason enough for me to start accumulating bitcoin again to hold, but I am not convinced we will not go lower so I saving most of my cash for lower levels.
The next stop is ~5k if 7.6k Fails.
Thanks!