Bitcoin - A Bear Market Bottom?
In this chart I note the completion of an Inverse Head and Shoulders pattern that and a bullish Inside Bar formation following the 15.5k low.
I consider the line of support offered within the Fibonacci Channel that has defined the entire Bitcoin bear market to date and wonder if this is not a natural bottom for Bitcoin.
What do you think? Is the bottom in? Or are we still yet to see the rug pulled again and new lows form?
I consider the line of support offered within the Fibonacci Channel that has defined the entire Bitcoin bear market to date and wonder if this is not a natural bottom for Bitcoin.
What do you think? Is the bottom in? Or are we still yet to see the rug pulled again and new lows form?
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