Bitcoin heading into capitulation range
I believe BTC is going through a very large ABC correction I believe the retracement rally will begin within a few weeks. The retracement rally will lead to bitcoin putting in lower lows it looks like the 300Week MA at $16.5-17.7k is likely the bottom before the retracement rally comes in. We're getting in the region I'd be expecting the bottom to come in at.
What I'm looking for is significant buying volume even if it comes in at the.786. A large buying volume in this sort of range would indicate the bottom is in.
What I'm looking for is significant buying volume even if it comes in at the.786. A large buying volume in this sort of range would indicate the bottom is in.
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.