3-20-2018
In this post, we're just observing Bitcoin RSI, an indicator, at 47.
20 = Oversold
80=Overbought
Formula:
RSI = 100 – [100 / ( 1 + (Average of Upward Price Change / Average of Downward Price Change ) ) ]
We are right in the middle of a short-term bull market right now as the RSI # is in the middle.
A likely return to $11,000?
The tool can be found on the 4th tab from the top; the symbol of one wave.
@kevbotThis channel is meant to be my journal of thoughts on crypto, working, traveling, and food. Sourced with photos, videos, and blogs.
