Fusionz_On_the_Money

BTC... correction bottom coming within a couple weeks?

BITSTAMP:BTCUSD   Bitcoin
Awesome content from MMCrypto channel to allow this thought. In the last bull market, BTC respected the 50 EMA pretty well on the 3 Day chart. If we are in a true bull market, perhaps that would be a great indicator to a potential bottom. As many know movements are looking to form a bull flag pattern, and if the theory of the 50 EMA holds true, may be looking at the 8500 range after all for a correction bottom. That would also be the 0.5 retracement from the bottom of 2018, which was similar to the first big move off the bear market bottom during the 2015-2017 bull market. I'm personally not going to try and catch the bottom of this correction with bids at the moment, but will keep a close eye on this development.

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