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thedude182
Jul 21, 2022 4:58 PM

Bitcoin 2nd bottom dec '22 / jan '23 Short

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Description

This scenario is inspired by previous encounters with the 'red ring of death'.
Combined with the fact that historically BTC made double bottoms (2nd bottom always a bit higher than the 1st one).
RSI wise it wouldn't surprise me neither as these setups are made quite often.

It's not improbable.
Comments
Afsars
0.618 Fib point is above 28000 (High 69278, Low 3122) but you mentioned it at 10200. How...??
thedude182
@Afsars, 0.5 (14.8k) is more likely for close of body. Wick can do what wicks do best.
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