Torkaman

Bitcoin update/missed opportunity?

BITSTAMP:BTCUSD   Bitcoin
Hi my friends
I like to zoom out and look at the whole picture.lets think together.
Question :
have we missed opportunity to buy bitcoin at the bottom ?
puzzle parts:

1-We can see clearly Ema50/ monthly time frame hold bitcoin above the moving average.
2-Couple of monthly shadows below the moving average show us we have lot of buyers that area.
3- Its the third time that bitcoin located at the bottom before reversal since 2011.
other side:
1- The volume is not enough for reverse the market.
2- The last bearish candle is too big.

A.Torkaman

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