Bitcoin
Panjang

BTCUSD - Is this a bottom ?

125
- Simple support channel trendline from sep 2023 and aug 2024
- daily rsi oversold like crazy
- 81k3 : 1 fib extension from low 2018 to high 2021 and low 2022
- 79204 : 0.5 fib retracement from low aug 2024 to ATH
- bullish div on lower timeframes

Those are strong bullish supports from high timeframes

watch out for another try from bears like 11 sep 2023 or 6 sep 2024 but I’m expecting more than a bounce from this

Nota
forgot to add it but daily 200ma is 81984
Nota
ok nice call i guess, it went super fast so I took some profits already, i'm expecting a pullback to 86-88k before the real bull run confidence 6.5/10
Nota
alright following the precedent note, lets see what happens now
Nota
not holdng as I good as i want and if 86k6 fall we can see lower prices like 83k8 81k4, double bottom 78 or even 73k

cheers
Nota
back in the channel, all my SL are set to that previous low ill know just continue to accumulate

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