BTC Should Have A Correction Sooner Than Later

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3 simple reasons make me think that :

1. We just hit the 200 simple daily moving average

2. The turquoise line show a strong resistance zone

3. The RSI is a bit overbought

So just be careful if you want to invest in BTC, maybe the bear is over, but BTC is overdue for a correction.

Let's see what will happen in the next few days.

Stay tuned,

Fred
Ghi chú
So we're in the middle of the correction now.
Ghi chú
Be ready for more downside action. 70% chance BTC will drop.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsTechnical IndicatorsTrend Analysis

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