ergal91

BTC has already bottomed at 17.5K on 18.06.2022

Long
BITSTAMP:BTCUSD   Bitcoin
I'm looking at 2w timeframe and comparing all bear markets with each other. History data shows in every bear market this 3 things happen at the same time.
1. BTC bottoms at 0.38 fib level/from bottom to the top/ length of bear market 400-450 days from top to bottom/
2. These magic moving averages/ in pink circle/ crosses on the exact day/ 3 times in history.
3. The bellow indicator has 0 value the day when above 2 things happen.
Check my another Analysis I made on 18.06.2022 which proves that BTC has bottomed. I attached the link bellow.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.