BTC.D expected to fall upcoming weeks
BTC.D finally arrived the last hurdle before the weekly downtrend.
There have been two bounces from the sky blue upward trendline forming a round-top structure between 51~55%.
Now there is no hurdle to 48.6% except some local highs/lows at 50.8% and 51.8%.
The weekly RSI retested the red upward trendline in October 2023 and is still 52.
When BTC.D touches 48.6%, the RSI will be bellow 35, expecting possible bounces.
There have been two bounces from the sky blue upward trendline forming a round-top structure between 51~55%.
Now there is no hurdle to 48.6% except some local highs/lows at 50.8% and 51.8%.
The weekly RSI retested the red upward trendline in October 2023 and is still 52.
When BTC.D touches 48.6%, the RSI will be bellow 35, expecting possible bounces.