Some thoughts on Bitcoin’s recent periodical bottoms

May 19, 2022

Some thoughts on Bitcoin’s recent periodical bottoms:
<1>. Policy window period
<2>. Multi-currency mid-level bottom entanglement signal linkage
<3>. The second exploration has no heavy volume, and the intensive transaction area near 30k
<4>. The S&P suffered the biggest drop in two years yesterday, and Bitcoin was relatively resistant to decline
<5>. Leeks are bearish

stage bottom or top
At least it is a period of 1D~1W
The leeks usually take 15 minutes to watch the K-line and beg to let go

The only reason to deny the above view:
If the U.S. stock market collapses completely, then it will definitely affect crypto, and the blood will flow into the river.

But there will also be better opportunities for a rebound
I'll talk about it later...


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