UPDATE: Bottom is in
Updated
Bitcoin did exactly as planned. It dropped the height of the rising wedge and found support on the falling wedge it broke out of before the long consolidation. THIS DROP HAD TO HAPPEN. too many people were bullish. If you look at the monthly stoch RSI, we have hit the absolute bottom of oversold and this hasnt been seen since JUNE of 2015!! Be careful because of massive panic. This makes the spot we are in VERY VOLATILE. but this is support and we only have up from here!
First level to bounce up to is 7200
First level to bounce up to is 7200
Note
Close to the moment of truth
Note
target is 8030Note
ahhhh... if youre gonna short bottoms, you should at least donate to me instead(;
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