As I wrote before there are 2 scenarios: Or the bitcoin has made his bottom and wait for a squeeze (see: rare diamond pattern) or we are going make a bottom with a big bang. The last few hours we see a rare diamond pattern arise. This may indicate that a squeeze may occur. When the bitcoin make the bottom with a big bang the bitcoin will rises as quickly as it fell. Possible bottom (2) will placed in the $6000,- area!
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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.