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BTC bottom probably reached, bouncing up to 704

Por spacetrader
Atualizado
Lots of debate on this one. Just loaded up on btc as I think this was the temporary drop from the descending triangle inside a descending wedge. The height of triangle suggested bottom should be around $560. Wedge top is around $610. From there it should fire off towards next FIB level at $704
Nota
Loaded up on btc at $566, close enough to bottom for my taste. target $704. stop $548
Nota
Noob warning. Do not listen to me.
Nota
Forgot to show RSI is oversold. Weekly's analysis of RSI also shows roughly 120 day cycles and we're in bullish cycle.
BTCUSD
spacetrader

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