Reasons:
1- The price of bitcoin has hit the floor of Ichimoku Cloud
2- The price of bitcoin has hit the floor of MA-100
3- Static Support on 52-54 k
4- The market is in a state of extreme fear
5- RSI is close to the maximum buying range
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.