Support 1: $8200
Support 2: $7450
Support 3: $7150
Support 4: $6500
Support 5: $5900
It could keep going up...maybe...but personally I'm not to touch prices this high with a ten foot pole yet.
When everyone else is ecstatic you should be looking to sell. When everyone else is freaking out, you should consider buying.
I'm staggering my buys starting at $8250, and working my way down from there.
Obviously RSI isn't enough by itself. But it never has been.
All that said, I agree crypto is volatile and trying to get it right 100% of the time is a fools errand.
I simply said that trying to figure BTC out is futile (aka - we agree).
In any case, thanks for the input (aka - chart and thoughts).
If no did so, there would be little to discuss here at TradingView. :)
Trading is fun, and I've made a good bit of money on it. But I keep about 40% of my portfolio in long term holding specifically for that reason. There's educated guesses to be made, but this really is the wild west here.