BITCOIN - Potential huge reaccumulation. Bottom $2-3k.
Hi all,
As many of you know, I have been bearish for a long time. But I'll be a bull very soon, if my analysis are right.
Here I show you how Bitcoin could be in a big reaccumulation range, which bottom (spring) would be below the 2018 low ($3200) and the big $2k support. So, for me, $2-3k is a very good buy zone.
S&P500 (SPX) chart did the same reaccumulation pattern during the 2008 crisis, with a spring taking the previous swing low. I expect BTC to do the same soon.
Legal disclaimer: *THIS IS NOT A BUY / SELL SIGNAL. Try to do your own research before trading.*
As many of you know, I have been bearish for a long time. But I'll be a bull very soon, if my analysis are right.
Here I show you how Bitcoin could be in a big reaccumulation range, which bottom (spring) would be below the 2018 low ($3200) and the big $2k support. So, for me, $2-3k is a very good buy zone.
S&P500 (SPX) chart did the same reaccumulation pattern during the 2008 crisis, with a spring taking the previous swing low. I expect BTC to do the same soon.
Legal disclaimer: *THIS IS NOT A BUY / SELL SIGNAL. Try to do your own research before trading.*