Definitely some bias but valid
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
We see BTC daily on a major downtrend hitting crucial, if not future referencing support levels dependent on it’s reaction. This level has held on major reversals upward and we can see on RSI similar bullish divergences now and on the last break up from this support level . We rarely hit this level of oversold on daily and whenever we have a major reaction has taken place to reverse and place new highs.
