RE: BITCOIN (BTC): Beware of The DOUBLE TOP Pattern

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BITCOIN (BTC): Beware of The DOUBLE TOP Pattern

in bitcoin •  7 years ago 

Very nice analysis, thanks. Let me point out why I disagree, sort of. We haven't seen the second top yet, the price can still go higher. The daily RSI is at 67 and Bitcoin doesn't change trend before it gets close to 80. Also MACD doesn't suggest the end of the rising trend though it can be within few days.

btc1.PNG

bitcoin
7 years ago by

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      ·  7 years ago 

    off course it hasn't happen ,
    Haejin and I spotted it before it might happen and to be aware ...
    double top and end of A can be same..

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