Note the bottoms in 2017 occurred near the quarters, usually either two weeks before or after. Moreover, note the before and after pattern, as it alternates. Let's see if the trend holds in 2018. If it cannot keep in the channel of the pitchfork I can see a move down to 10.8k as a true bottom before a high volume bounce back upwards. Not bearish long-term. But again this is BTC, and very tough to predict.
Commentaire:
Bottoms after, before, after, before, after(?). Dates of approx 1/13, 3/20, 7/15, 9/14 for 2017. Could we see a repeat of history and a test of the 100sma?