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Weekly Bitcoin RSI Indicator is on OverSold Level - The Signal of Bottom!

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chorock
@chorock
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After Bitcoin price dump today, It may be great chance to pick up Bitcoin from discounted price.. Weekly RSI indicator of Bitcoin Price is on oversold level!

This week is so important for Bitcoin price future. If Bitcoin price closes this week in oversold level, next week we should see huge green candle! Ih history of Bitcoin price chart, after oversold level, Bitcoin price pumped more than 15% in next weekly candle!!

Here you can see montly Bitcoin RSI Indicator. It is on support line. Bitcoin price has never seen this level before.. So, Is this not a best time to pick up Bitcoin? If not, very big crash is waiting for us!

Here is Monthly Bitcoin chart with bollinger bands. Bitcoin price has not touched the bottom line of Bollinger Band! The bottom line is on 19200 for this month and I think we will not see the price below 19200 USD!

We will see..

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