2018 #Crypto Bear Market bottom is nigh #Bitcoin $BTC

The weekly Stochastic RSI, 200-week moving average, high leveraged shorts, horizontal support, and weekly Bollinger Band all indicate that we are coming up on a tradable bottom (at least.)

Having adjusted the Bollinger Band to identify secular periods of euphoria and desperation in the Cryptoshere, it is clear that we are in a rare time of desperation for Bitcoin aficionados. It is in a time like this that the bottom of the 2014 bear market ended. In hindsight, it was the best time to buy BTC before the last bull run.

I believe that in the next week we will see a very tradable bottom and a significant rebound in prices. It is likely that the low of the coming days will also mark the bottom of the 2018 Crypto Bear Market.
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