Many traders and inflencers are already saying the bottom of Bitcoin. I do not belong to those ..
Now what does it take for a bull market? higher highs and higher lows. I wish it to us again the glorious times experience in which we see daily 10% and more plus. This time will come but it needs a solieden ground.
If we are actually on the "ground" we will still be in the area between 3000 and 6000 for a while.
However, I think that the market is shaping a shoulder shoulder formation.
currently we are only on the first shoulder which means that we are still a bit higher in the market.
Incidentally, this would also confirm the 5 wave theory.
Well, I think we will go up to a maximum of 5000 and see a resale to shape our heads. This would also be the zone where the 50 fibonacci and the 200 EMA will hit the trend line. If all 3 points come together TIME this would be extremely bearish and it would panic again.
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