BTC: Bottom In?
Confluence:
Elliot wave 5
RSI similar to prior bottoms
Bottom of channel
53K prior untested support revisited
53K =
1T MktCap
Decline to 50% Fib like prior decline
100 day MA tested as support like prior bottom
Red trendline being probed
Decline % similar to prior dip
Elliot wave 5
RSI similar to prior bottoms
Bottom of channel
53K prior untested support revisited
53K =
1T MktCapDecline to 50% Fib like prior decline
100 day MA tested as support like prior bottom
Red trendline being probed
Decline % similar to prior dip
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