Post
Topic
Board Speculation
Re: My instincts on the value of bitcoin from now to halving
by
Mpamaegbu
on 26/03/2024, 23:24:37 UTC
Do you have some psychological intake or some personal opinion in related to my emotion?
At the time of making this post, on the 4hr TF the RSI shows overbought but then I've come to realize that in the market there's nothing like overbought or oversold in the true sense of it as price can stretch any length it wants. Though, from other confluences, I expect a little dip from this point at $70,300 to $67,800. If it breaks that level convincingly, we're likely hitting $52,200 region to embrace a value gap. If that doesn't hold, I'm scared to think of it but that would be price going down further to $43,800.