Bitcoin entering bear market bottom phase

BraveNewCoin Liquid Index for Bitcoin BNC:BLX

Crypto4Everybody

This bear market bottom phase with MA Ribbon in red took 308 days in 2014/15 and 147 days in 2018/19.

The Corona panic phase only took 42 days while RSI didn’t got below 40 .

Please also consider the bottom support line to get an idea how deep BTC can go.

Any comments on this 2 week chart?

Drop me a nice comment if you’d like me to analyze any other cryptocurrency.

*not financial advice
do your own research before investing

You might be interested in …

Trading View May 18, 2022

BTCUSD – Bulls should be ready for a bounce.

BTCUSD – Bulls should be ready for a bounce. BTC/USD COINBASE:BTCUSD ChrisWY COINBASE:BTCUSD Well, the chart speaks for itself. Now wave pattern for correction has formed. And cycle end date near. We should see a […]

Trading View May 24, 2022

Bitcoin Cycles & TA: 5/23/22

Bitcoin Cycles & TA: 5/23/22 Bitcoin / U.S. dollar BITSTAMP:BTCUSD Majorcycles Tomorrow and Wednesday are critical days… Tomorrow Jerome Powell speaks again and then on Wednesday we have FOMC minutes… These two events always… always… […]

Trading View February 22, 2022

Bitcoin can bounced from Support Zone and fill CME GAP at 40k

Bitcoin can bounced from Support Zone and fill CME GAP at 40k Bitcoin / TetherUS BINANCE:BTCUSDT YMGroup Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with […]