Hello Folks,

I did some analysis based on the different indicator on BTC.

RSI :

4H RSI value 20 candles : 48

4H RSI value 50 candles : 54

4H RSI value 200 candles : 57

The indicator value shows that BTC is oversold. There are very high chances of seeing new ATH before the holidays.

MACD :

MACD is negative. Which shows the consolidation happened.

Volume:

The sell volume is decreasing which represent sellers are not selling more now.

BTCD:

Dominance of bitcoin decreased as well which shows the money is going to be moved to Atlcoins.

Based on the above indicator It is very likely we could see a good recovery very soon.

Take the advantage of the discounted price. Analyse your risk wisely. Don't take big leverage.

All the best 😉😉😉