Is a Double Bottom coming in for #Bitcoin at 17K level ?
Or will Macro conditions push it away even further to the downside in terms of percentages from ATH on this Bear Market Bottom?
What's your speculative price target for this bear market bottom ?
It may happen that #Bitcoin's negative price action for now is just a retesting time-phase for the broken megaphone pattern, otherwise this is the start of downfall from a fake out occuring last week(friday+weekend)
Stay away from Longing ALTS for the short term as nothing is clear for now!
#BTC.D is increasing as well, however coming under a lot of resistances after continuously falling for days in a row
TRADE SAFE!
Note that this is not financial advise !
Please do your own reasearch before partaking on any trading activities based soly on this idea.
There is no fun time when markets are falling, especillay when Macro is on a terrible state