As we see from the chart we have a double confirmation that this DIP is almost at the end, we can establish it from the fact that, besides the fact that the price is bounced on the main support, we also have Stoch RSI at 0, this happened only 6 times from Bull market start and there was always a rebound, I don't see reason why this time the same thing should not happen, the Bull market has just begun, don't scare yourself because there is no reason.
The weekly chart still shows a downward trend. What do you think about abaout this?
MC_Capital_
⋅
@ericksonalexandre, I can't see any bearish signal currently on the weekly chart
ericksonalexandre
⋅
@ELLIOT0511, The weekly chart's trend has been confirmed. The fall occurred.
The Fibonacci monthly chart shows that if it falls below US$38,000 the btc should reach US $ 21,000 and then recover and reach US$100,000. Historically this is what happens. What do you think about this?