Probability of BTC Bottom
In the Given Chart, we have a long term trendline coming all the from 26 June 2019 Top which played Nicely in 20 December 2020 and played well in the May June 2021 Dip to the current potential bottom.
Then we have a trend line from 25 April 2021 Bottom to the 21 September bottom and continued to the current potential Bottom.
Then we Geometrical Patter which is modified schiff, values from 64k down to 28k to 69k creating the potential bottom range aligned with 2 trendlines defined above.
Then we have a parallel channel or regression trend drawn from top values 64k and 69k stretched down to 28k level which comes out also aligned with above mentioned 3 confluence poionts.
Also we are having cup and handle structure being the current crash as the handle of the cup.
Lastly, we have trend based Fib retracement drawn from 64k down to 28k then to 69k and the 100% retracement value is also in accordance with the above mentioned levels.
Technically and not fundamentally, this could be the bottom of the BTC for the channel top RUN.
NFA, DYOR.
Then we have a trend line from 25 April 2021 Bottom to the 21 September bottom and continued to the current potential Bottom.
Then we Geometrical Patter which is modified schiff, values from 64k down to 28k to 69k creating the potential bottom range aligned with 2 trendlines defined above.
Then we have a parallel channel or regression trend drawn from top values 64k and 69k stretched down to 28k level which comes out also aligned with above mentioned 3 confluence poionts.
Also we are having cup and handle structure being the current crash as the handle of the cup.
Lastly, we have trend based Fib retracement drawn from 64k down to 28k then to 69k and the 100% retracement value is also in accordance with the above mentioned levels.
Technically and not fundamentally, this could be the bottom of the BTC for the channel top RUN.
NFA, DYOR.
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