RSI Uptrend Not broken - Yet
When you check the RSI you may lead to a divergence but somehow also RSI support lane is holding the BTC uptrend.
There are couple of ideas floating on my mind.
1. With a good cash flow, we may see an incredible uprising on BTC price which lead us to break 44500 / 47200 resistance up to 50K
2. If we lose the RSI support, as there is a gap in CME index near 39800, we may decline to there really quick. and rest will be all related with support at that zone. If we did not get support here, we may see a huge decline in price to 35K ( ~%10 decline in price)
In both ways, we are on the verge of huge (~%10) action. Let's see where we will end up.
There are couple of ideas floating on my mind.
1. With a good cash flow, we may see an incredible uprising on BTC price which lead us to break 44500 / 47200 resistance up to 50K
2. If we lose the RSI support, as there is a gap in CME index near 39800, we may decline to there really quick. and rest will be all related with support at that zone. If we did not get support here, we may see a huge decline in price to 35K ( ~%10 decline in price)
In both ways, we are on the verge of huge (~%10) action. Let's see where we will end up.
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