Bitcoin traders (BTC) may experience some “extreme panic”, but one analyst suggested that all technical indicators may show a rise in prices.
In an interview with Filbfilb Cointelegraph, co-founder of the Decentrader trading platform, on December 16, Bitcoin introduced more than 20 tokens in the next phase.
“Enough” for bitcoin to fall
BTC / USD was suspended on Wednesday night for comment on US Federal Reserve policy.
After reaching $ 49,300, the pair began to consolidate below the $ 49,000 mark at the time of writing.
However, sentiment still does not show confidence in the short-term future of BTC price movements, the cryptocurrency index and greed was only 29/100, which Filbfilb considered incorrect.
“In general, if we look at it, we think we have enough to think we can make a breakthrough there, and I don’t think compromises are appropriate for analysis,” he concluded.
The list of additional trailer drivers includes 21 items, including supplier fatigue, mining components and chain standards.
In contrast, there are only four in the downhill camp – the missing 20-week moving average line, the 50- and 100-day moving average line, the falling signal in the 3-day chart, and the “terrible” weekly chart.
BTC / USD 1-day candlestick (Bitstamp) 50-, 100- and 140-day moving midlines. Source: TradingView
The Stoch RSI line reflects the rare structure of the bottle
His comments are on par with the others, and the popular Twitter account TechDev highlights many other factors that are contributing to the rise in prices.
One of them, Stoch RSI, has been shown to play a role in the local pillar of bitcoin history.
For Jeff Ross, founder and CEO of Vailshire Capital Management, stoch RSI is a form that is already visible.