BTC hasn't traded under the RED Moving avg much since breaking above it in Oct of 2023.We did warn on weakening RSI a few times.
Weekly, #BTC looks very similar to #ethereum.
However, unlike #ETH, it's finally getting out of OVERBOUGHT territory.
Might get lil ugly before it gets better.
#bitcoin does have a history of falling big once leaving overbought territory.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.