The absolute bottom can be 5000-5500 levels. Below that is a great oppurtunity but will not long last. Keep your buy orders set below 5500.
RSI- yet to hit the bottom and NO reversal as of now.
MACD- range motion- NO reversal can be seen.
Bollinger bands - tightening within a range
This is is NOT a fractal of 2014 crash. This is entirely NEW crash pattern. BTC already crashed to 75%. Dont expect further.
Wait for the BULLISH reversal signs to appear.
RSI- yet to hit the bottom and NO reversal as of now.
MACD- range motion- NO reversal can be seen.
Bollinger bands - tightening within a range
This is is NOT a fractal of 2014 crash. This is entirely NEW crash pattern. BTC already crashed to 75%. Dont expect further.
Wait for the BULLISH reversal signs to appear.
Trade active:
No Bullish reversal- BTC heading south side- No longs for now. Buy range is still intact.