We could expect further downside on BTC's price but I would say its getting close to the bottom. BTC has not yet crossed below the first orange line on the LMACD, which the other two times in the bear market has indicated the bottom for BTC then followed to find support before breaking out.
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.