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Is Bitcoin still in a bear market?
This is a chart to help determine if BTCUSD is still in an overall bear market.
In my opinion. Bitcoin will continue to trend upward until around 12.5k USD, anywhere from March 1st, to March 31st, we should get a retest of the trendline from the All Time High to the "bull trap" high of around $17,230. If we break that trendline decissively and the RSI in the TDO indicator breaks above the orange market base line.
In my opinion. Bitcoin will continue to trend upward until around 12.5k USD, anywhere from March 1st, to March 31st, we should get a retest of the trendline from the All Time High to the "bull trap" high of around $17,230. If we break that trendline decissively and the RSI in the TDO indicator breaks above the orange market base line.
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