Bitcoin following pattern similar to 2017

in #btc4 years ago

In 2017 Bitcoin went on a bull run, where the RSI would go up and over then dip back down.

Those same dips on the RSI represent those little sharp dips that we see on the actual price action. The interesting thing is that the alt coins are not seeing the kind of rise that we saw last time Bitcoin ran up, I suspect that this is because people are waiting to see if we will break 20k or not. I suspect that we won't even get rejected but blast right through 20k this time. Of course this is just a hunch, it very well may get rejected down to 18k but I doubt it. In my opinion it is still not too late to get in.
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I am not a financial advisor and this is not financial advice, invest at your own risk.

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