Bitcoin Liquid Index
Panjang

Bitcoin historical analysis - part 4 2023

61
On the 14th of November 2022
Things are a bit more complicated, the fed is trying to draw money out of the system, and we have had a lot of big companies be taken down through fraud thanks to SBF and his criminals.

We have identified the downwards trendline - 2 of them to take note of
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence .

with this and the previous analysis, i suspect that we have had a bottom local bottom of 15 500 before we have some upside.
Note that I expect us to come and retest this trendline level ta some point

Penafian

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