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Bitcoin V Shaped Bottom Leads To 85-95%+ Recovery On Average
Bitcoin
Long
Bitcoin V Shaped Bottom Leads To 85-95%+ Recovery On Average
By AlanSantana
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Jun 21, 2022
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Jun 21, 2022
Just the word bottom means that there isn't any lower... So, is it really a bottom?
Now... Hit LIKE and let's get started!
Bitcoin's Multiple V Shaped Bottom
We first go back to the famous March 2020 bottom...
Notice how Bitcoin grew over 85% in just 30 days after the V Shaped Bottom.
We go further back to the classic February 2018 bottom...
Notice how Bitcoin grew over 95% in just 14 days after the V Shaped Bottom.
We have a few more but three is enough for the purpose of this post...
And we go back one last time to January 2015...
Notice how Bitcoin grew 89% in just 12 days...
After the V Shaped Bottom.
Bitcoin 2022 V Shaped Recovery
We have the same pattern developing currently as it happened in the past.
Based on this analysis, we can say that Bitcoin can easily grow by 80 to 90% in the coming month... You can see more details above in the chart.
My personal target though is set at around $29,000 because we are always conservative... But this analysis might support additional growth.
What do you think, do you agree?
Yes or no...
Regardless, remember to hit LIKE for more and to show your support.
Thank you!
Namaste.
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Beyond Technical Analysis
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