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Why 54K is the ULTIMATE BOTTOM for Bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
Hello again guys,

as mentioned in my previous post, here is part 2 of today’s analysis on Bitcoin.

To keep it real short: There are 4 indicators coming together showing when and where the next Bitcoin bottom is coming in:

1. The 21 Week EMA (orange rising line)
2. The green rising support line
3. The 0.5 (and 0.618) Fibonacci retracement levels
4. Big support zone (55-50k) from the last Top of February-May

Those 4 indicators are coming together in the next few days to show the ultimate support for bitcoin.
As you can see in my previous post, this can be the last correction before a massive run up.

If you like my analysis, feel free to like this post and comment your thoughts. :)

Have a great day and stay safe!
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