RSI has collapsed from 87 to 50 so now neutral. Price is now 4,000 rather than 4,380. The question is: are we still in a bull market? We think yes.
As all the retail FOMO subsides and the queue outside the Mint in Sydney resulted in coins worth 90% of what they were worth last week, retail, for sure, is in shock.
The background of central bank buying is s…