dgnsrekt

Bitcoin Weekly cloud bounce.

Long
dgnsrekt Updated   
BITSTAMP:BTCUSD   Bitcoin
Lovely bounce off of the weekly cloud. I've looked back and haven't found another example of this bounce on the weekly TF. Hopefully, this will mark the bottom.
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I just hope it doesn't end up like 2018.
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Most examples on a Daily TF turn into a test of the bottom edge of the cloud.
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Another example of a cloud touch on a daily TF turning into a multi-month bear.
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I hope this doesn't turn into months of sideways chop / bearish trend.
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Going to put this here just in case.
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I hope this is the bottom.
www.tradingview.com/chart/7SOghqbV/

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