BTC Bitcoin: 1D Chart Update
Diupdate
Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
Bitcoin price has been pumping recently and there is potential for it to keep moving higher, but BTC price and RSI just made a lower low. If price keeps heading lower, it may come back down the channel shown in the chart. The area of support is in the 15K-16K region. RSI may be cooling down as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
Bitcoin price has been pumping recently and there is potential for it to keep moving higher, but BTC price and RSI just made a lower low. If price keeps heading lower, it may come back down the channel shown in the chart. The area of support is in the 15K-16K region. RSI may be cooling down as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
Catatan
One update to this chart - Possible bull flag forming. Just from what I see on the chart. My opinion. DYOR.
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