Is around 24k the bottom?
I just analysed the chart differently and something is telling me that 24k or around it is the bottom of this Market
Btc follows the 50ma
In the past
Each time it hits the 50ma on the monthly , there is an impulse of volume , the next thing is to ride the 20ma for some serious bullish impulse , should take a lot of time , maybe months
But overall it will be like your not losing anything
Indicating the bottom
Btc is in a healthy uptrend since the beginning of btc and I expect it to continue
The 50ma is the brown in color , this is the monthly chart , notice the impulse of volume each time we get there , next thing is to ride the 20ma which is red for something seriously bullish .......we could be at the bottom , this is the full history of btc
We are right on top of it currently , just only time maybe some months for it to fully reverse from here
Btc follows the 50ma
In the past
Each time it hits the 50ma on the monthly , there is an impulse of volume , the next thing is to ride the 20ma for some serious bullish impulse , should take a lot of time , maybe months
But overall it will be like your not losing anything
Indicating the bottom
Btc is in a healthy uptrend since the beginning of btc and I expect it to continue
The 50ma is the brown in color , this is the monthly chart , notice the impulse of volume each time we get there , next thing is to ride the 20ma which is red for something seriously bullish .......we could be at the bottom , this is the full history of btc
We are right on top of it currently , just only time maybe some months for it to fully reverse from here
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