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dgnsrekt
Sep 26, 2021 1:44 PM

Bitcoin Weekly cloud bounce. Long

Bitcoin / U.S. dollarBitstamp

Description

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.
tradingview.com/chart/7SOghqbV/
Comments
JoyBoyVegae
We already in a bear market 📉
nowherexxx
@Richburst9, ur mom is in bear market lmao
dgnsrekt
@nowherexxx, LMFAO.
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