ergal91

BTC trend reversal, BTC scenario I'm expecting

Long
BITTREX:BTCUSDT   Bitcoin / Tether
I expect BTC sideways action between 39.5-53K ranges by 2022 March. Then I expect BTC rally.
At this very moment I'm watching the scenario I posted in this chart. I think BTC has bottomed at 39.5K/maybe, but less likely one more touch to that point/.
As you see, Double bottom pattern is a reversal pattern. And BTC did it when dumped to 39.5K on on January 10th 2022. It was September low and our double bottom .
In coming days I expect Mini double pattern plays out and causes to falling wedge breakout with retest. The blue line shows the path I think BTC will follow.
What about coming death cross, I think it will be fake out.
MACD bullish cross with the pump is coming))))

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