#scottmelker

#BTC_Update1D

#BTC🔥🔥🔥🔥🔥

Broke and retested range lows as resistance. Nothing but air until around $52,000 on the chart.

My biggest concern I have been discussing for months (in newsletter) is that RSI never made the trip to oversold.

Almost there now, all lower time frames oversold.

This is still ONLY A 23% correction, very shallow for a bull market and consistent with other corrections on this run. We are yet to see a 30-40% pull back during this bull market, like those of the past.

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$BTC