Has Bitcoin bottomed? Maybe. The volume off the previous low at 6k was reminiscent of previous bottoms that led to bullish rallies. I remain a skeptic. Here I have laid out a potential fractal that Bitcoin may be repeating. I call each leg a phase and currently Bitcoin is in phase 3 of its decline. A convincing break above $10,500 would lead me to believe we...
Keep a close eye on the next ascending trendline tap. Might trigger a move to the upside. Volume has been descending since its run up late December. Fundamentals are great just needed time to digest the move.