Bitcoin: Comparing Last Post-bottom 1st Rise with Current One

OK, I felt compelled to make a chart labeling all the relevant points that came to my attention recently in order to predict bitcoin's next move.

I have included all key indicators that I personally have found helpful since I started this charting adventure around a year ago.

Main Points

+ bitcoin is oversold AF
+ everyone in the crypto world who wanted to buy bitcoin, has most likely bought it
+ the 21MA has historically been a key support during bull runs
+ past 1st rise post-bottom was 67%, this time was 71%

If you have any questions or comments, shoot them down below.

Cheers.

Yorum:

+ past 1st rise post-bottom was 67% of previous ATH, this time was 71%. Similar.

Yorum: