This is Bollinger band System of finding BTC bottoming out.
Last week we had the price at $19,000-$20,000, but as the week progressed so the the bollinger band and you can see it has curled to the downside which tells me this weeks price may not even be the bottom long term
If things continue as they are Bitcoin will bottom between $19500-$20700, but that could just be a short term bottom if we play out like 2018. But for that to be ruled out we must close above the 20 Week Moving average.
This system is the best to find bottoms, Successfully found the 2018 2019 and 2020 bottom.
Last week we had the price at $19,000-$20,000, but as the week progressed so the the bollinger band and you can see it has curled to the downside which tells me this weeks price may not even be the bottom long term
If things continue as they are Bitcoin will bottom between $19500-$20700, but that could just be a short term bottom if we play out like 2018. But for that to be ruled out we must close above the 20 Week Moving average.
This system is the best to find bottoms, Successfully found the 2018 2019 and 2020 bottom.
