Idea is simple here. We saw 19k to 9k pullback. Now we are possibly forming the double bottom formation. There are long wick in price candles. All we need now is the volume to kick in.
CCI and BB% confirms this trend theory. RSI although has still some room to go down for Bitcoin.
So lets watch for volume. I am bullish on Bitcoin. Do not have any price prediction in mind but I would say: "Bitcoin, let's go long"
If you are new to crypto-currency, now may be a good time to invest in it. Just put the money in BTC to see how it works. Think you lost it forever and wait for 6 months.
CCI and BB% confirms this trend theory. RSI although has still some room to go down for Bitcoin.
So lets watch for volume. I am bullish on Bitcoin. Do not have any price prediction in mind but I would say: "Bitcoin, let's go long"
If you are new to crypto-currency, now may be a good time to invest in it. Just put the money in BTC to see how it works. Think you lost it forever and wait for 6 months.