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ergal91
Nov 11, 2022 7:00 PM

BTC! Where is a real Bottom of BTC bear market? Long

Bitcoin / U.S. dollarBitstamp

Description

I'm looking at weekly timeframe of BTC chart. I'm comparing 2021 Bull market top with 2022 bear market bottom.
Call me crazy but I think a real bottom of BTC bear market was in June 2022/at 17.5K/ as BTC real top of Bull run was in April 2021/at 65K/
Nov 2022 bottom is a bear trap and fake break down like Nov 2021 top which was bull trap and fake break out.
I incline to think BTC bottom was at 17.5K on 18.06.2022 as I mentioned in my previous analyses coz I trust all my previous and current analyses , all history data, super powerful indicators which flashed BTC bottom only 3 times in BTC whole history and more than 20 powerful charts and analyses I have done since June 2022.
Comments
omidji25
Good view mate. Thanks for sharing
ergal91
@omidji25 thanks for your comment bro, I appreciate it a lot. if you like my ideas, will you follow me please. thanks in advance.
PistolPeteno1
RSI Trendline looks like it will break which will invalidate the idea.
ergal91
@PistolPeteno1 we need to wait weekly close brotha))). we'll see)).
Thanks for comment , I appreciate it a lot. If you like my ideas, will you follow me please. Thanks in advance.
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