L0g1cal24
@l0g1cal24
Bitcoin's recent surge above $12,000 has sparked a debate among traders: is it a new bull run or a temporary bounce? My analysis suggests a mix of both. The weekly RSI is still in oversold territory, indicating potential for further gains. However, the daily chart shows a possible double top forming, which could lead to a correction. Keep a close eye on the 100-day moving average for support.
0 reply
0 recast
2 reactions