Long

Updated

Btc potential bottom level.

I made this analysis yesterday. Strong potential bottom level here. AVWAP taken from the dead low

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Chart from yesterday

snapshot

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Not saying "the" bottom by the way, but good for a little bounce

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If we do bottom out here it could take really long to form an accumulation base big enough for a breakout into new highs. Previous time from where the aVWAP is drawn took 200+ days

snapshot

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So far its been pretty solid as a bottom

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snapshot

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snapshot

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Also on:

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.