Here is a quick WEEKLY outlook for BTCUSD spot: currently mildly oversold, 2 weeks down.
The time model to the right shows that usually BTCUSD does not pull back for more than 4 weeks, but there is not many events in history where BTCUSD rallies after 2 weeks up, it’s rare.
The point from where it did rally, in the past, when this exact pattern was encountered, is after 4 weeks down.
So this means BTCUSD may fall for another 2 weeks before reversing and going higher.
If you want to get direct access to these tools, you can use this link.
