Daily Bitcoin update.
We have been watching the Rsi indicator since November 21 and the indicator is declining indicating a selling process, but we see that the chart did not break the bottom of $90,700 and maintained it, meaning that the buyer is still maintaining this support and continued for 41 days and was not broken, indicating the strength of the buyer in this area.
If there is a break of $90,700, I hope it will be a break with a tail and a quick stop.
But so far, the buyer is strong in this area and I believe that the rise, God willing, is near.
Here, he did it before, he maintained the area and the Rsi indicator reached March 5 and there was strong selling, but the chart maintained $59,470 before it did not rise. The break of $59,470 was a false break and rose to the top that it had previously formed.
