Courtney reduces complex market dynamics to a binary technical signal, framing a lagging oscillator as the ultimate arbiter of Bitcoin’s macro fate. It is a masterclass in technical reductionism that prioritizes a high-stakes narrative over genuine market nuance.
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Deep Dive
3-Minute Epic Recap: Bitcoin's Historic Stoch RSI Cross: $97K Breakout or Bust? 🚀#shortsAdded:
We need to do one thing and one thing only. You need to stop what you're doing. You need to look right here.
Bitcoin is about to do something it's never done in its entire history. This could mean something monumental. This could be a huge clue to the market. This could mean something legendary for you and your old coins. Let's get into it.
Here we are. Bitcoin US dollar index and today we are on the two week chart. On the two week chart, we're going to focus our attention to the bottom of our screen. We're going to take a look at price action at the top of our screen and we're going to really [music] focus in the bottom of our screen to our stochastic RSI. Now keep in mind, once we get below 20, it means we are out of momentum. [music] Whenever we are out of momentum on the two week chart in a bear market, we stay inside of this green zone. However, whenever we dip our toe with our momentum shortly below this 20 level, it's usually a massive breakout. Let me show you some history. During the bull run of 2013, we dipped our toe with the stochastic RSI below here, but it was very short-lived and we had a cross back up and we went from a price of $65 all the way up to 1,200 with this stochastic RSI cross. The stochastic RSI cross with our momentum is legendary. Whenever you get the below 20 level and you cross back up, it's monumental and we need to cover what is happening right now as we speak. And I know a lot of people are excited about this two week stochastic RSI cross. I know a lot of people in the comments will be talking about this is already confirmed. We know all of that and we've done it before, but the only thing we need to do structurally, textbook 101 market structure, is we need to do one thing and one thing only. What we need price to do is to create a higher high.
We've got to have price rally above 97,000.
If we don't rally above 97,000, it will be a failed rally and it will go lower than $60,000.
By the way, we are getting tons of comments about when bottom and altcoins.
Did you know I give my top altcoin picks and my big secret investment both covered in the Bitcoin bottom blueprint.
Just my big secret investment alone is already worth multiple times the cost of the Bitcoin bottom blueprint. But on top of that, you get my top altcoin picks and on top of that, you get one guaranteed buy inside of the golden zone or your money back. Public launch coming soon. Watch your email.
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