Bitcoin Bear Market. Few weeks and will see the real bottom!
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We have seen several bottoms last weeks, and all the time was finding a lower price. That is the first gain of volume, after all the sales in the market. BTCUSD
Real bottom could be 5k
If breaks the Parabolic trend, will create in Fibbonacci the Support and Resistance.
The positive think is that the market is awake. This volume helps a lot, but let's see when they will close this recent trades, how deep will go.
After the rebound, It could be the perfect time to buy some BTC!
Note
soon we will see if crosses the resistance or goes deep again...
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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.