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Weekly “W Formation Bottom” on BTCUSD Price Chart

Weekly "W Formation Bottom" on BTCUSD Price Chart

Weekly "W Formation Bottom" on BTCUSD Price Chart

Weekly "W Formation Bottom" on BTCUSD Price Chart

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Sovryn_Matt


Weekly "W Formation Bottom" on BTCUSD Price Chart

Weekly MACD is soon to cross over showing a sign of bullish momentum coming to BTC price for the coming weeks. RSI is forming a nice flattening bottom shape suggesting the bottom is in. Price target of the weekly formation is at $60k. I am long unless theres any major FUD blackswans.

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