BITCOIN, an uppie kindda feeling.
What a long way down we have journeyed since the December madness! And what an array of feelings did we experienced!
But like any other asset after a 3 months bear , the bulls are starting to make their presence.
The fractals describing this bottom look very strong, but they do not exclude another lower bottom (keep that in mind!)
The RSI is our friend in this, and showing a beautiful W, a W of hope and relief for so many HDLers :))
Don't exclude the potential of a cup and handle pattern either, you could have a new opportunity to enter the trade ;)
Let's not forget that on the weekly charts we are here, at the confluence of two big trend-lines, that can spike upwards or downwards like a modafaka...
Take this information with a pinch of salt, and use your own judgement to profile the asset and take/not take decisions. I am not your financial advisor, and I am not advising you to take any kind of action.
Have a nice one!
Hey @thatsaniceone, great info on Bitcoin! Thanks for sharing. The markets are fun right now and it's great to have the updates from good content here on Steemit. Cheers!
Thank you man! I sure hope that this bit of content helps any crypto enthusiast, or veteran, in promoting this space further. Cheers!
your last post was spot on. It definitely helps keep doing what your doing.