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altcoinb
Dec 6, 2022 5:22 PM

Bitcoin 2022-23 possible bottom  Short

Bitcoin / DollarBitfinex

Description

As you can see we have a descending channel that has the Bitcoin price at 25K and two points touching the bottom of this descending channel at 17.7k and 15.8k. If we come in contact with this lower (yellow) trendline (mentioned by Gareth Soloway) we could possibly see price action at 9.5k. If this is the case the bottom could well be in this bear market.
Comments
Tradersweekly
Thanks for sharing. Very likely, it will take place in 2023. Time will tell.
altcoinb
@Tradersweekly, I'm with you buddy!
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