Royal Oak Inc
Royal Oak Inc 4 minutes reading from Bitcoin

Most Influencers Get Calls Wrong, So Do They Get It Wrong?

Ethereum & Bitcoin small🧵 1

ETH RSI = 86

MUST USE BTC FUTURES as derivatives DICTATE price & NOT SPOT BTC

This = why most Influencers get calls wrong Truthfully, most don't have real chart skills

Historically, RSI has been higher 5/21 top RSI is STRONG = good sign

2 We surmised crypto pump was incoming Call it experience

Daily ETH broke 2 resistance areas within week VERY GOOD, both with ease & okay volume

WEEKLY RSI + trading⬆️both Moving avg = GOOD

ETH getting closer to light blue area This is ethereum REAL TEST

Crypto

3 BTC won't be outdone by ETH Also⬆️10% & broke resistance EASILY

Volume on daily IS GOOD

ALSO, like ETH, Bitcoin has GAP to fill Likely fill before BULL rally

Don't think BTC breaks LONG TERM DOWN TREND on 1st try, but who knows

Have 2 say, FEELS lil different

crypto

4

BTC RSI is 90.6 BTC hit this few times in 19 & 1x in 20 & 21

ALL TIMES, except 21, traded sideways after = bitcoin CONSOLIDATION for NEXT PUMP

21 = SMALL pullback for more PUMP Slight exception 1st time in 19, begins bull

*DIFFERENCE, we're in BEAR vs that was BULL mkt

5 This bitcoin & Ethereum🧵can be MUCH LARGER but will only mentioned the important

Weekly BTC, see RSI? Only 1x closed🧵⬆️50 but NO FOLLOW THROUGH Currently HIGHEST in down trend!

Like ETH, don't think BTC downtrend broken 1st try GAP on WEEKLY, will be attracted to it

6

Way tough to call BTC bottom

See current pinned post on BTC bottoms

Signs are coming in AGAIN It's also GREAT that Bitcoin is "leading", ot the very least, NOT LAGGING ETH & altcoin

Time will tell but this FEELS different than other 2 potential bottoms

BE PATIENT

This post is based on this twitter thread.

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