Bitcoin Liquid Index

BTC possible bottom

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Comparing the 2014 and 2018 bear market we see a astonishing number of similarities. This is a scenario for a possible bottom. I expect BTC to have a 'short term' increase first, before heading towards its bottom.

If price comes down to this 2100 level with high volume it might reach capitulation and go into a consolidation phase just like we did in 2015. If not, we might fall further towards the 1200 levels to test stronger support.

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