It is possibly very optimistic, but Bitcoin having bottomed is more likely than Bitcoin seeing new lows.
If Bitcoin settles below 0.5 it becomes very dangerous.
If Bitcoin settles below 0.618 it is a very serious sell signal in my opinion.
If Bitcoin settles below 0.5 it becomes very dangerous.
If Bitcoin settles below 0.618 it is a very serious sell signal in my opinion.
Note
Looks like i was completely wrong, there was even a bestestestest scenario than the best possible one :-/
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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.