BTC: one last hurrah
While I don't think the bear market is over, the daily and weekly charts are way oversold. I suspect we will close this months candle around 23k, with a strong chance of continuing down after. The bear market will end when BTC hits oversold on the monthly chart. I think that will likely be this year, if not next for sure. But I am long.
Note
The majority of the pain should be over
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.