BTC daily holding support
BTC daily chart:
I called this as the bottom and published on Trading
View on the exact morning of that day. I believe
BTC has hit that bottom "unless" a black swan event
were to occur like MT GOX on August 28th
release of all the BITCOIN, but looking
at the chart and staying true to what data the
BTC chart is giving me, the RSI has never been
oversold at that bottom quite that low as well
as the "BTC SUPER CYCLE INDICATOR" read MARKET BOTTOM
and the DeMARK 9 INDICATOR also showed high probability
it was the bottom....The Fear and Greed chart
also showed a BOTTOM and had to move up.
that being said, BTC is still holding the Bullish
ascending trendlne and even tho its like a Bear
flag, the RSI is also holding support and just
came from the furthest oversold position in history.
Too many indicators over the last 8 years on this chart
have been to true to the bottom is in.
I called this as the bottom and published on Trading
View on the exact morning of that day. I believe
BTC has hit that bottom "unless" a black swan event
were to occur like MT GOX on August 28th
release of all the BITCOIN, but looking
at the chart and staying true to what data the
BTC chart is giving me, the RSI has never been
oversold at that bottom quite that low as well
as the "BTC SUPER CYCLE INDICATOR" read MARKET BOTTOM
and the DeMARK 9 INDICATOR also showed high probability
it was the bottom....The Fear and Greed chart
also showed a BOTTOM and had to move up.
that being said, BTC is still holding the Bullish
ascending trendlne and even tho its like a Bear
flag, the RSI is also holding support and just
came from the furthest oversold position in history.
Too many indicators over the last 8 years on this chart
have been to true to the bottom is in.
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