Bitcoin (BTC) Price Drop Puts $30,000 Level at Risk
กราฟ BTC/USDT รายวัน ที่มา: TradingView However, the daily RSI gives a mixed reading. The RSI is a momentum indicator used by traders to assess market conditions and determine whether to buy or sell an asset, also indicating bullish sentiment. A reading above 50, along with an upward trend, suggests that buyers still have an advantage, while a reading below 50 suggests the opposite. While the RSI is falling, it is still above 50. Thus, the indicator provides conflicting readings. BTC Price Prediction: Wave Count Suggests Initial Fall Will Precede Price Surge A more detailed analysis of the short-term six-hour time frame reveals a bullish long-term outlook but a bearish short-term one. This is mostly because of the wave count. ทฤษฎี Elliott Wave เกี่ยวข้องกับการวิเคราะห์รูปแบบราคาระยะยาวที่เกิดซ้ำและจิตวิทยาของนักลงทุนเพื่อกำหนดทิศทางของแนวโน้ม The wave count suggests that the BTC price completed a five-wave upward movement that began on June 15. If so, the movement since the initial high on June 13 has been corrective (highlighted). The fact that the price action is contained inside a parallel channel supports this possibility. Therefore, if the count is correct, the BTC price will break down from the channel and fall to the 0.382 Fib retracement support level of $28,900 or even the 0.5 one at $28,150. Then, the previous long-term