BTC could bleed more .and 17k might not be the bottom !
BTC possible bottoms
1-10000 ( ichimoku strong support) with high volume ( please see the vpvr )
2- 3874 ( coincides with 3 fib levels and high volume traded in this area which make it a very strong support )
Notice : as we are right now , 21-17k BTC range , every one can begin to accumulate their desirable tokens or even BTC , for example 30% now and the rest when prices reached the areas mentioned , because the market is a guessing game , no one know exactly what would happen . its okay to start DCA now , because we are already +80% down from almost all ALTS ATH and more than 70% fot BTC . I want to point out , that the price could go even lower than the zone mentioned , however , as i mentioned before , from here every one can start DCA , no one could catch the real bottom unless he has a time travel machine .
Of course this study , is valid only when we still do not have any good fundamental news for crypto , and by that i mean , eth pos , btc spot etf only .
macro economy factors such as inflation and recession would lead to move deeply from support zone to another .
Not a financial advice .
BTC possible bottoms
1-10000 ( ichimoku strong support) with high volume ( please see the vpvr )
2- 3874 ( coincides with 3 fib levels and high volume traded in this area which make it a very strong support )
Notice : as we are right now , 21-17k BTC range , every one can begin to accumulate their desirable tokens or even BTC , for example 30% now and the rest when prices reached the areas mentioned , because the market is a guessing game , no one know exactly what would happen . its okay to start DCA now , because we are already +80% down from almost all ALTS ATH and more than 70% fot BTC . I want to point out , that the price could go even lower than the zone mentioned , however , as i mentioned before , from here every one can start DCA , no one could catch the real bottom unless he has a time travel machine .
Of course this study , is valid only when we still do not have any good fundamental news for crypto , and by that i mean , eth pos , btc spot etf only .
macro economy factors such as inflation and recession would lead to move deeply from support zone to another .
Not a financial advice .
노트
i will be sharing ideas from my new account : tradingview.com/u/Benterkiayoucef/
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