Bitcoin - A Bear Market Bottom?
In this chart I note the completion of an Inverse Head and Shoulders pattern that and a bullish Inside Bar formation following the 15.5k low.
I consider the line of support offered within the Fibonacci Channel that has defined the entire Bitcoin bear market to date and wonder if this is not a natural bottom for Bitcoin.
What do you think? Is the bottom in? Or are we still yet to see the rug pulled again and new lows form?
I consider the line of support offered within the Fibonacci Channel that has defined the entire Bitcoin bear market to date and wonder if this is not a natural bottom for Bitcoin.
What do you think? Is the bottom in? Or are we still yet to see the rug pulled again and new lows form?
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.