Hey guys,
I really do think Bitcoin has bottomed out right now.
1st we haven't seen any close below the weekly EMA and it acted as support
2nd Correction of 45% one of the highest ones so far
3rd Bullish divergence on the weekly chart
4th triple bottom reversal pattern
For my complete analysis check my YouTube video :
https://youtu.be/XUyoGTJH8FYBitcoin just crashed from $8,000 down to $7,500 and has been on an almost permanent downtrend since you made this thread.
Why not close it now, and admit you were horribly wrong, and that all your TA was complete nonsense?
I agree that he should close it now to save face, it's struggling in the $7 k level and could possibly go down to the $6500 level, Damn I was on a buying spree just last week and never thought that it could down this level, it's time to support the price now, now I was thinking to get loan it's the best option to buy more it could not possibly happen again.