I am trading Bitcoin as if the bottom is already in as this is what I believe. To show why I believe that there is a high probability that bottom is in, I will share some charts.
This is BTC 1w chart. At the bottom I am using an RSI with an SMA. You can see that every time the RSI breaks bellow 30 it marks the bottom. stepping above the SMA is the confirmation.
Next is the PI Cycle indicator. This is very popular as it has marked the exact bottom for two previous cycles.
Finally, this is the Bollinger Bands. When we set the chart 1 month and turn on logarithmic, something interesting happens. Have a good look for your self and tell me what you think.
No one knows when the bottom is in. There is 3 indicators that "indicate" that the bottom is already in.
Bitcoin Charts | Ecency
Deutsche Petition für Steuerfreiheit bei Bitcoin (Gold,Kunst, usw.)der-prophet ·
