Long BTC Correction Almost Over

6. Sept.

BTC has been correcting from its ATH since march, but it appears to be ripe for another surge as we near the holiday season and the RSI is settling back towards the middle. As long as we don't break below the bottom of the channel that has formed over the past couple years, it should be uphill from here.

vorgestern

Trade ist aktiv

Looks like we've broken out of the descending channel and are on track to hit ATH some time in the coming weeks!

We know the price of bitcoin tends to surge for around 12 months after a halving. We also know that prices surged after the past two presidential elections, so I expect price to climb higher soon, and anticipate it to continue climbing in the months ahead.