BITCOIN Will Move Higher! Long!

١٧ يناير

Take a look at our analysis for BITCOIN.

Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 101,434.06.

The above observations make me that the market will inevitably achieve 103,866.34 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

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١٨ يناير

أغلقت الصفقة: تم الوصول للهدف

Great news, our trade has finally paid off!