BTC Overbought and Ready To Correct ~30%
If you look at the past, when the RSI passes the 70 point and sits for a few days each time there is a correction of 30-38%. Here are some points to keep a look out for.
* If you want an entry point, $1320 USD seems like a good place to start being just under 30% of a correction.
* With Rootstock coming out and Consensus next Monday (5/22), unless the dip happens before that date, it could completely avoid the repeating dip.
* If you want an entry point, $1320 USD seems like a good place to start being just under 30% of a correction.
* With Rootstock coming out and Consensus next Monday (5/22), unless the dip happens before that date, it could completely avoid the repeating dip.
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