Bitcoin Top Not Is In. 🔃
BTC hasn't even broken above the logarithmic curve resistance yet, so there's no doubt the parabolic run will continue.
As in previous cycles, the market gained momentum quickly when this curve was broken.
Moreover, the RSI isn't even in the overbought zone (72) yet.
Furthermore, parabolic movements continued when the RSI major downtrend was broken in 2017.
A similar pattern is observed today but the breakout hasn't occurred yet.
The bigger picture tells us that the real run hasn't yet begun, and the current levels only represent the threshold.
In this cycle, a post breakout parabolic phase seems inevitable.
BTC hasn't even broken above the logarithmic curve resistance yet, so there's no doubt the parabolic run will continue.As in previous cycles, the market gained momentum quickly when this curve was broken.
Moreover, the RSI isn't even in the overbought zone (72) yet.
Furthermore, parabolic movements continued when the RSI major downtrend was broken in 2017.
A similar pattern is observed today but the breakout hasn't occurred yet.
The bigger picture tells us that the real run hasn't yet begun, and the current levels only represent the threshold.
In this cycle, a post breakout parabolic phase seems inevitable.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.