Post
Topic
Board Trading Discussion
Re: A quicky analysis of BTC's RSI dip down over the past few days...
by
lobat999
on 29/09/2019, 14:46:00 UTC
I must admit that I'm not fond of interpreting technical indicators such as RSI but I can't in any way disregard it usefulness! As a matter of fact, I think I'm getting more and more accustomed to BTC's volatility that I find it quite normal to see its price rise and fell below or above $2k but will eventually rebound in due time.

I guess this must be due to the fact that I have a long term mindset in treating Bitcoin as investment which  somehow spares me of having daily worries of BTC's price volatility. Now I see that all of these experiences gave me more confidence that BTC will eventually hit a new record high regardless of what is its price today!