Bitcoin bottom / Weekly
Based on this chart, Every time bitcoin bottoms, the bulls will be capitulated.
We can see a big sell volume meaning Many bulls have heavily sold their assets.
Last time, We saw capitulation at May 2021 and Bitcoin pumped more than 100% after that. Currently, We are yet to see capitulation of the bulls before seeing bullish price actions.
Waiting for more lower prices before entering position trading.
Based on this chart, Every time bitcoin bottoms, the bulls will be capitulated.
We can see a big sell volume meaning Many bulls have heavily sold their assets.
Last time, We saw capitulation at May 2021 and Bitcoin pumped more than 100% after that. Currently, We are yet to see capitulation of the bulls before seeing bullish price actions.
Waiting for more lower prices before entering position trading.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.