Bitcoin is vastly overbought on 1W (RSI = 88.615, MACD = 6893.200, ADX = 74.337) as it is running an incredible second phased rally since the start of the year. The 1W MACD is starting to diverge and it is a similar situation as on November 16th 2020. Bitcoin was still at the early staged of the new rally. If we place that rally fractal on today's action, we see that it feeds a pattern that goes all the way to 150,000. That is very close to the top of the six year Channel Up.
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I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。