Destroy_All_Analysis

Rounded Bottom Reversal

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BITFINEX:BTCUSD   Bitcoin
Rounded Bottom Reversal
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Not mine, however the long term data supports the view that this is the bottom -
Kommentera:
In addition to the comment above, you will see most so called top 'analysts' on here (like Botje11) completely disregarding 2011 data and drawing trend lines starting from 2012. This completely skews the long term picture and allows them to believe the bottom is $4K. If you look at all the data you will see this is not actually the case.
Kommentera:
Bounced off the support line. It's official - the bottom is in and we are now commencing our bull market climb to $33K (ETA Sometime between late December 2018 to early April 2019) before the next bear market begins and takes us back down to $20K (cycle then repeats going higher each time).
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