BitcoinLong
Bitcoin - A generational Bottom
Updated
The chart is for myself to study and reflect upon.
While the consensus is mostly bearish (macro and trend) - This would be an ideal time to start painting a reversal.
Historically with the money flow and RSI etc, we are approaching covid level dump. Not quite there but very close. Here is the monthly chart I want to follow along.
While the consensus is mostly bearish (macro and trend) - This would be an ideal time to start painting a reversal.
Historically with the money flow and RSI etc, we are approaching covid level dump. Not quite there but very close. Here is the monthly chart I want to follow along.
Note
Monthly RSI hit. Can go lower but this is now forming a long term bottom. Keep in mind this is the monthly chart so its not insta pump season.Note
Note
Ladies and Gents and all - that is a hit. Generational bottom here. Will you take it though?
Note
Structure intact for a 100k and 300k possible run.
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