Trend and cycle analysis of BTCUSDT: next target 140.000

in bitcoin •  7 years ago 

https://www.tradingview.com/i/evcTXzLW/

With bicoin, we are in uncharted territority. Anyway, trend and cycle analysis may indicate the aim of the present impuls of BTCUSDT.
This impuls is quite strong and no RSI divergence is present. RSI is still not as much stretched as it was in the past.
Therefore this explosive movement may have a local top in march 2018 at around 140.000 USD as its target.

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