It would appear that Bitcoin is gaining strenght over the years. BTC has only been oversold 2 other times since January 01, 2016 other than the most recent bottom. What goes up, must go down and what goes down, must go ...... There hasn't been a better time to buy since 2016. Possible Bull Stampede on the way...
Although the candles may not line up perfectly straight, this sure is looking like a "Double Bottom" to me... RSI is oversold... Other than the "Death Cross", things are beginning to look more bullish at the moment.
Bitcoin broke on the Head And Shoulders and is making its way down. We all know what happens to Altcoins when BTC tanks! Since Binance Coin (BNB) began chart history, the RSI has only reached this peak 2 other times. 3rd time is a charm ;^)
Inverse Head and Shoulders forming inside of a Fallen Wedge. To the best of my knowledge a Head and Shoulders Bottom is not broken until Right Shoulder exceeds at least 10% of the Head. Until that happens, I see a Bull Reversal on the ''RISE'' (;^j)< ===/
Inverse Head and Shoulders not broken yet. Falling Wedge could make this very interesting...
Obviously some work still to be done, but it does look like a possible inverse head and shoulders forming. Just a perspective. Anyone else?