Bitcoin could be putting in a tripple bottom as i type this. If we bounce from here and break out of the neckline, then the outlook of bitcoin looks promising again. RSI on 4 hourly is massive oversold. MACD is contracting more and more.
Note
Exactly like my Tron chart, bitcoin is sitting on the 0.786 FIB level
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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.