I believe that looking at the bigger picture for BTC is important. This is BTC Monthly since a few months after it's inception, I want to draw everyone's attention to the Monthly chart RSI and how it has been reflected in the price, there is no guarantees in life, but I'm watching that 44 RSI support and the descending pattern.
A bounce off 44 RSI on the monthly would be extremely bullish long term in my view, the last time it bottomed out at 44 it was the beginning point of a mammoth 35 Month 11960% upswing. Hope this is useful for everyone.
Check out the previous post regarding the Steem Dollar giveaway if you're new here and I would enjoy to read people's response to the chart :) Oh and remember this is only my opinion and I am not a financial adviser.
CryptoKingJimbo out
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