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.
What´s the name of the indicator? My guess was and still is, there is room to touch the 14k level -> even for the very short term. But your chart is very clear. We will see.
ergal91
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@Crypto-Coin-Trader, STC MACD, Brotha, check all my analyses connected with the bottom. There are many factors, history data and TA that shows BTC has already bottomed. And follow me please. Thanks for your interest