HI. It's my opinion that BTC hit bottom at $5760 a short while ago. The bears have lost their steam with little left to sell. There could be one more large spike downward followed by a sudden recovery to kick off a moderate bull market. There could also be a sudden upthrust causing a painful short squeeeeeze. Ouch! Nevertheless, the overall general energy in the market is weak but seems to be heading on a bullish, baby bull more likely, trend. Good luck everyone!
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.