TradingView
ergal91
Nov 7, 2022 10:11 AM

BTC bears will be destroyed! Don't expect lower prices.  Long

Bitcoin / U.S. dollarBitstamp

Description

I warn all BTC bears last time. BTC has already bottomed at 17.5K on 18.06.2022 as I posted at the same day in June. Don't expect lower prices and don't miss such kind of buying opportunity.
I'm looking at weekly timeframe. If you look very carefully you will notice the same, identical green circles before falling V pattern at 0.38 fib level which happened 3 times in BTC history and marked BTC bottom.
Bellow magic indicator has crossed bullish recently which did also 3 times bellow 0 line in history and marked start of new bull run. When this indicator crosses bullish at weekly timeframe BTC bottom was already in. So don't expect lower prices.
Share bellow with your ideas, check all my analyses about BTC bottom bellow related ideas and if you like my ideas, don't forget to follow me. Thanks in advance.
Comments
cryptodreamer79
Let's have some fun and watch your portfolio get slashed by 50% to 80% during the real capitulation fase (aka recession).
BTC has never been in a recession so all historical indicators can be put outside with the garbage, this is a new game to BTC and it doesn't look pretty at all.
ergal91
@cryptodreamer79 😂😂😂 brotha, Good luck to you😂😂 99% think so))). But history will repeat.
cryptodreamer79
@ergal91, so far bull steaks taste awesome, this is just the start of the capitulation wave.
SwallowPremium
Good useful post definitely!
More