Update: Bitcoin - Now 31% Lower
Original Idea Attached
Bitcoin down to 23k. Downside continuation risk flagged just over 1 month ago.
Now lower by 31% or -11k (from 34597 on Sun 08 May)
The weekly chart being the guide with the 14-week RSI suggesting a 'weak' but not yet oversold range while failing to hold the trend line support accelerated the downside move.
Bitcoin down to 23k. Downside continuation risk flagged just over 1 month ago.
Now lower by 31% or -11k (from 34597 on Sun 08 May)
The weekly chart being the guide with the 14-week RSI suggesting a 'weak' but not yet oversold range while failing to hold the trend line support accelerated the downside move.
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