cerealcharts

oversold rsi should bounce on bullish divergence (btcusd)

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BITSTAMP:BTCUSD   Bitcoin
i would be very surprised to see a turn around immediately here on bitcoin. we are in oversold territory however, and there should be a bounce leading to daily reversal. i wouldnt be surprised to touch the 37k support area, and i also wouldnt be surprised to find the price back up above 42k in a weeks time.
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