🔥 The Trendline That Saved Bitcoin: Bottom Is In?
Over the course of the last few weeks I've become more and more bullish. Sure, there's a lot of bad macro news, but I'm 100% sure that the worst is behind us at this point.
Looking at the dotted trendline, it lines up perfectly with past bear-market bottoms and can potentially line up with the current bear-market bottom around $15,5k. Wouldn't be surprised if $15,5k was the bottom and we're not going any lower here onwards.
Interestingly enough, the current bear market has bottomed at EXACTLY the same number of weeks as the past: 51 weeks.
Do you think that $15,5k was the bottom? If not, please share your thoughts & charts on why we have to go lower.
Below are a few of my more recent long-term bullish Bitcoin charts.
Looking at the dotted trendline, it lines up perfectly with past bear-market bottoms and can potentially line up with the current bear-market bottom around $15,5k. Wouldn't be surprised if $15,5k was the bottom and we're not going any lower here onwards.
Interestingly enough, the current bear market has bottomed at EXACTLY the same number of weeks as the past: 51 weeks.
Do you think that $15,5k was the bottom? If not, please share your thoughts & charts on why we have to go lower.
Below are a few of my more recent long-term bullish Bitcoin charts.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.