BTCUSDI do not think BTC has hit its bottom yet
I believe the current Sideways Trading is an indicator that BTC is going to enter a sell off, leading to the bottom being found
Many people have been burned during this ~2mo bear market - their capital is now tied up and there's a lack of support to be able to push, and hold, BTC past 40k
Its going to take a massive sell off to have fresh investors to jump in and propel BTC back into a bull market
#BTCtheCryptoIndex
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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.