Quick Note
Based on today's RSI and price action - my holistic synopsis is Bitcoins breaking point is USD 8000.
We had Bullish divergence on RSI for quite some time, but, today, that RSI was flipped Bearish. Now, I see massive buying in the past hour (after NYSE close) - in my mind, that's the whales knowing buy now and keep this thing up or lose it.
I realize lots of fiat left cryptos and moved to equities on today's biggest market rally/pump in 30 months.
Based on today's RSI and price action - my holistic synopsis is Bitcoins breaking point is USD 8000.
We had Bullish divergence on RSI for quite some time, but, today, that RSI was flipped Bearish. Now, I see massive buying in the past hour (after NYSE close) - in my mind, that's the whales knowing buy now and keep this thing up or lose it.
I realize lots of fiat left cryptos and moved to equities on today's biggest market rally/pump in 30 months.