Post
Topic
Board Trading Discussion
Re: any opinions about the recent btc price crash?
by
globalpain
on 10/06/2021, 22:44:56 UTC
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
I use the RSI indicator and the stoch RSI  only, and indeed everything if you set it on a large Time frame everything is in the overbought zone,
of course this is what makes the Bitcoin price experience a big decline, and take it easy, I believe this is a correction not a bear market during a bullish cycle,
correction is normal mate, dont worry, just hold your coin and enjoy.