I think we are near the bottom if it's not in already, I'm expecting it to be around 5500$ aka 200 Weekly MA or EMA. If we reach that level I think weekly RSi will create a bullish div from the 3k bottom allowing trend to reverse. For now market sentiment make me doubt it, as it seem to much people are expecting lower level (Greed and Fear index showing Fear /...
I think 2020 halving gonna be front run and we'll see new high in BTC price before May 2020. Three possible bounce zone I see to get us out of the consolidation. The 21 weekly ema would be very strong bullish one, as it would let all hidden bull divergence on weekly TF valide. The classic one 200 daily ema could bring classic multiple fake break out with it. And...
I'm expecting ATH around halving Here is three possible guess I made just for entertainment purpose. Green bullish case White classic sideways fake out case Orange for my most bearish case