Bitcoin Price May Have Passed The Bottom Point
Bitcoin may be completed the bottom pattern. I shared lots of posts and said 18500 USD may be the bottom. I got a few more signals after my thesis and I believe that Bitcoin may not break down 18500 USD...
Here you can logaritmic chart of Bitcoin Price and It is on the way...
Why I think that we passed the bottom?
I see a bowl pattern on Bitcoin Price chart. Sellers power is decreasing and buyer power will surpass sellers..
We may see a bowl pattern.
Here you can see also positive divergence on RSI Indicator..
Bitcoin Price went up 8-day moving average today...
These are good signals..
If we see bowl pattern happened, big breaking is coming soon..
We will see..
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As Bitcoin is a mark for the entire crypto market, if it will go on an uptrend it will benefit us all. Still, the graphs don't tell the entire story as future events and a declining world economy and social earthquakes might have negative effects on the entire financial market, including crypto.
Posted Using LeoFinance Beta