Bitcoin Price May Have Passed The Bottom Point

chorock in #hive-167922 • 2 years ago

Bitcoin may be completed the bottom pattern. I shared lots of posts and said 18500 USD may be the bottom. I got a few more signals after my thesis and I believe that Bitcoin may not break down 18500 USD...

Here you can logaritmic chart of Bitcoin Price and It is on the way...

Ekran Resmi 20220928 22.57.29.png

Why I think that we passed the bottom?

I see a bowl pattern on Bitcoin Price chart. Sellers power is decreasing and buyer power will surpass sellers..

We may see a bowl pattern.

Here you can see also positive divergence on RSI Indicator..

Bitcoin Price went up 8-day moving average today...

These are good signals..

Ekran Resmi 20220928 23.03.09.png

If we see bowl pattern happened, big breaking is coming soon..

Ekran Resmi 20220928 23.06.18.png

We will see..

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#crypto #analysis #neoxian #cent #proofofbrain #palnet #bitcoin #vyb #leofinance

2 years ago in #hive-167922 by chorock

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pixresteemer 2 years ago

Bang, I did it again... I just rehived your post!Week 125 of my contest just started...you can now check the winners of the previous week!₁₄

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behiver 2 years ago

As Bitcoin is a mark for the entire crypto market, if it will go on an uptrend it will benefit us all. Still, the graphs don't tell the entire story as future events and a declining world economy and social earthquakes might have negative effects on the entire financial market, including crypto.

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