Cryptolover333

Bitcoin near the bottom.

COINBASE:BTCUSD   Bitcoin
We are getting closer and closer to the bitcoin bottom, we could be forming a descending parallel channel that eventually could most likely breakout, we could also be forming a falling wedge and we are getting closer to hit the 200 W MA, RSI is also forming a falling wedge and stochastic RSI blue line is at 0 levels since a week ago, the maximum btc have been at this level was in September 2011 and was there for 9 weeks only, the rest of the times (not many) have been only there from 1 to 3 weeks maximum, the red line will hit 0 too probably in 3 days or the week after and this one have been there for even much shorter periods of time, I think we could be very close to our bottom and may go lower than this but not for to long, so we need to accumulate as much as we can in this areas, good luck everyone!

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