coinables

It's that time again boys and girls BTC

Long
BITSTAMP:BTCUSD   Bitcoin
I admit it may be here much sooner than I expected (I was thinking Sept-Oct for bottom), but MAEMARSI Weekly is flashing a blue candle. This indicator marked the bottom of the last two bear markets. The spread between the short term and long term moving averages is also hitting a critical level indicating a potential bottom zone. Candle still needs to close blue, so keep watch. I think $20k will briefly fail maybe $17kish, but either way this is the general bottom. This may be the time to build a position for the next wave. Averaging in over next 3-6 months looks like a good move.
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