Bitcoin - Finding the bottom

24 May 2022

If this parallel channel and Elliot Wave count is correct on the monthly chart it looks like Bitcoin may have found its bottom around 25K. I'd really hate to see the price break lower as this seems like such a perfect setup to move higher soon. I continue to hold over 30K and DCA on any significant dips under 30K. I will continue to HODL Long from now until the next cycle top.

Good Luck!
BBS Out.