Bitcoin BTC USD LIKE COMMENT AND FOLLOW FOR MORE UPDATES AND ANALYSIS. THANK YOU
Bitcoin looks to me like it has bottomed out. I went back and read news articles and stories about Bitcoin during all these bottoms I have highlighted and the news is always the same. is Bitcoin able to recover, is Crypto Dead, looks like more downside, Major Analysts says we have much further down to go, etc etc. I'm not psychic but I have been in the market for many years and have seen bottoms and tops and the sentiment has played out similarly every time, between the news articles, bears calling for lower lows, and indicators flashing bottom and no one believing it. The Mayer Multiple indicator has also called the last 3 or 4 bottoms on bitcoin as well. It is now flashing a bottom and a buy signal, while at the same time the RSI is at its lowest level ever showing oversold with a fresh curl up. I think we have hit the bottom and the bears hoping for lower lows will suffer this bull run pretty hard because when Bitcoin takes off its literally going straight up, probably gaining 10k plus in single day candles at times, leaving all the naysayers and bears in the dust. I cant wait to see the river of melted faces on this one. This is not trading or financial advice this is just my opinion. Thank you