Hello all Its a nice and strong bullish reaction from bulls Congratulations if you are on this wave from the start with me
Is this the bottom of next bullrun ? We have very high chance to be in the bottom of the next bullrun (or even a mid-cycle bullrun i dont care)
And heres what i see in the chart : 1- Biggest green weekly candle since early 2021 (not closed yet) 2- Strong bounce at multi years trendline support(blue) 3- Breakout of 21 weeks moving average 4- Breakout of falling wedge pattern 5- RSI index is bottomed out
Just compare these informations with bottom of 2019 and bottom of 2020 you will see we have big similarities
If you haven't seen my analysis since june 2022, where I told you bitcoin was going to hit massive historical support and bottom is close please check the attachments below
Note : For those who didn’t catch the wave from first dont fomo …always calculate your risk before reward There always be a new opportunities
For more ideas / analysis hit like and follow happy day for everyone
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