gillman_hugh

BTC Bulls BACK??

Long
COINBASE:BTCUSD   Bitcoin
BTC needs a close on the daily above the downtrend line indicated on the chart. The Bull volume is picking back up and the MACD has crossed bullish at the 6k mark.

The weekly RSI is the most oversold its been since 2015. Technically its not oversold but its the most oversold BTC Rsi has been for quite some time.

Makes we wonder why i didn't jump in with a big order at 6k..? :)

With the hints of increasing interest rate's on US treasury bonds we may see some money leave the Stock market. The question is where will it go. Is crypto going to see some of this ??

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