Bitcoin Bottom is In

2023년 5월 15일

So far, Bitcoin is following the 65 daily cycle perfectly. Ofcourse, not all cycles end in exactly 65 days, but it gives you a good idea as to when a bottom may occur.

The last green arrow was placed at day 65 from the bottom. I believe the bottom was found at day 63 for 3 reasons:
- The price was close enough to day 65
- Bitcoin created a hammer candle, which is bullish
- The hammer candle was found close to day 65 and the price closed above the green support zone. Right now the price bounces off of that zone.