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Wednesday

20 January 2021

Time To Pay Attention: Where The Bitcoin Bull Market Correction Might End

Time To Pay Attention: Where The Bitcoin Bull Market Correction Might End


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Where The Bitcoin Bull Market Correction Might End.

As to where Bitcoin could fall to, the last bull market and one particular indicator could provide clues.

Technical indicators such as the RSI on daily timeframes have reached the longest period of oversold conditions ever, and on weekly timeframe has surged into bull market territory.

But Bollinger Bands can also be used to find support or resistance, and in Bitcoin bull markets, the middle-line appears to be the de facto support level that keeps the uptrend intact.

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