Bitcoin: look for signs of bottoming in 58-60 area.

Similar situation to January: we had BTC trading in a range for a few weeks, then briefly breaking below support, with people calling for targets in low 30K, which turned out to be a fakeout, and a new swing trade bottom. Look for BTC to bottom in the yellow circle early next week.

Additionally, let's see if the blue channel I drew is valid. Price touching the lower trendline, and strongly reversing would be very neat.

تعليق:

Looking for a test of lower blue trendline