BitcoinLong
BTC Bottom almost here!? Ready to Bounce?
Hey guys,
Todays analysis is going to be short and sweet.
Looking at the daily chart it seems as though btc has found a short term bottom.
With a strong descending wedge forming, as well as the descending triangle. We can assume a BTC bounce is not far off.
If the 6k support holds. I think we'll have a nice little uptrend for a while. Not sure how long or if it'll be substantial enough for us to return to previous highs.
Shorts are also at ATH's - In december Longs where at ATHs... What happened after that? - DON'T FOLLOW THE CROWD. You'll get rekt.
Hope you guys enjoyed my analysis.
If so give it a like and me a follow.
Peace out!
Todays analysis is going to be short and sweet.
Looking at the daily chart it seems as though btc has found a short term bottom.
With a strong descending wedge forming, as well as the descending triangle. We can assume a BTC bounce is not far off.
If the 6k support holds. I think we'll have a nice little uptrend for a while. Not sure how long or if it'll be substantial enough for us to return to previous highs.
Shorts are also at ATH's - In december Longs where at ATHs... What happened after that? - DON'T FOLLOW THE CROWD. You'll get rekt.
Hope you guys enjoyed my analysis.
If so give it a like and me a follow.
Peace out!
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