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RE: Technical Analysis on Bitcoin: Waiting for a Correction
I think that BtC heard you say that it was overbought on the 4 hour RS and daily Bollingers, then it giggled, then it carried on up!
I only wish it would take my NEO with it...
I mention in the video the 4 hour Stoch RSI was oversold while the 4 hour RSI was overbought. This suggested a short term spike, followed by a correction. Let's see if the correction takes place. Looks to me like a possible quick double top and then a drop. We'll see how it plays out.