Prediction: Major Bitcoin Rally within next 24-48 hours

19 Nov 2019

Bitcoin is bouncing off the bottom bullish trendline formed since April 2019 and the price is slowly moving upward. The RSI has not been this oversold since 10/24/19 when BTC bulled from $7,500 to $10,500. Because of both of these factors, I believe bears are exhausted and I expect a major rally upward in the next 24-48 hours, eventually bringing us up to retest the top of the triangle formation at about $9,500.