If you are looking to get some BTC this maybe a good time to do so, look at the red area in my picture... That is the MACD and when the blue line is higher from the white one the price is LIKELY to move ...
But the two lines going across the picture the bottom one is resistance and support... If price go's over support we may see the a new Bitcoin high soon.... I am one of those people who wants to see a new high...
I disagree because most people are selling Bitcoin in a panic mode. For instance, Coinbase is having difficulty converting Bitcoin into cash due to the high volume of sell orders.
A new high will come ,but as a general rule it comes when the graph starts to go up minimum 2-3%.
So do you think it will continue to go down? or just sideways for a bit?
Idk man, RSI is above 50 right now.