Bitcoin entering bear market bottom phase

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