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karbonAITuga
Jun 15, 2022 10:11 AM

Capitulation done (or almost done ?) Long

Bitcoin / U.S. dollarBitstamp

Description

Long term chart shows that we are in important technical point, 20 k is the former ATH also we are touching a long term support line and RSI is at historical zone that signal market bottoms.
But It is also true that historically btc retraces more or less 85% each bull run that would mean 14 k that is also a support zone.

Think that capitulation will be between current levels(20 k ) and 14 k .

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Disclosure: I am not part of the team what so ever just really believe in the project.
Limited entries.

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