A bunch of YouTubers have been showing this chart suggesting a bottom may be In. Throughout btc history we have bottomed out when we reached the bottom line shown here.
Btc on the weekly chart dipping back to the 20k range while also showing the rsi dipping below the yellow line. In previous years this has indicated the “ golden zone “ for buying opportunities. Although in contrast the 6 month btc chart is a day away from printing bitcoins very first engulfing candle indicating for more down side. Are we going to 13k? Or is this...
btc going up or down. we are about to find out really soon
What do you guys think? 200/50 MA on the weekly BTC chart last crossed in 2019 and that was the bottom.
200 and 50 day MA have crossed. If history repeats it self we could be at the bottom.