Are we at the bottom?

2022年9月4日

Good morning all, checking in back on Bitcoin again today. Clearly the bear's have been in full control for a while now. We have had multiple flags in this down trend. But does it look like the bear's are running out of steam? I certainly think so, this area of 19-20K looks to be a very significant support level, the drop through the flag seems like it is running out of strength. So I think it may be a good time to buy back in now, because if this will be the bottom we will get a nice buy in price. We can either get in here or wait for a touch back in the demand zone below where you could get a smaller stop loss, either way we are looking for the swing up, stop under lowest low just incase. Will update again during next week GLIYF