Days and days of unstoppable growth when you wondered “Is this ever going to top-out?”
The weekly RSI indicator, in the mid 90s, was showing severely over-bought conditions.
The new all-time high of $42,000, achieved in the past week, looked to have finally met some heavy resistance.
So, it wasn’t with too much surprise that yesterday, Bitcoin started a tumble.
Whether or not this is the much-anticipated, massive market correction, still remains to be seen….
… Continue Reading at: cryptodaily.co.uk [source]