Post
Topic
Board Bitcoin Discussion
Re: I think Bottom is gone
by
investdatasystems
on 14/01/2023, 12:40:18 UTC
Hello,

My View about bitcoin was on january 1st that this is not bottom and bitcoin with fall further ,
but watching this rally today and yesterday i think bottom is gone , the marketcap of crypto is up by 150billion,
850 bilion to 1 trillion

and daily chart is looking bullish according to technicals with high volume

https://ibb.co/HhJdtvJ

tell me if i am wrong or right experts

In an Ichimoku reading, on the weekly chart the Chikou span still has some obstacles to get above and the price has not closed above the kijun sen line yet. So it is still "downtrend" in a pure Ichimoku reading.

Also, the price is still below the Ichimoku cloud = Downtrend.

https://www.tradingview.com/x/FDjcbwZT/