Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
the indicator I use is only the RSI indicator, if you look at the RSI indicator on a weekly basis, the Bitcoin price is above or overbought,
of course it indicates that the Bitcoin price is too expensive, this is before the dump, and see what happens, the Bitcoin price dumps 30% in just a few days,
make sure you always check the market and its conditions, because reading indicators is very important mate