We have an Elliott Wave count to support this idea, a confluence of Fibonacci levels as well as an extremely oversold and then the same could be said about the Bitcoin Dominance chart. From a technical perspective the Bitcoin Dominance chart also has a setup that adds a point of confluence for this reversal.
Let me know what you think.
Good luck!
Let me know what you think.
Good luck!
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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.