RandomOracle

Bitcoin Weekly Indicators Hinting At A Bottom?

RandomOracle Aggiornato   
BINANCE:BTCUSDT   Bitcoin / TetherUS

I'm thinking we see a retest of the previous support region around 29-30k before BTC attempts any further downward attempts

The weekly RSI here showing we are at a similar level to the 2018-19 bottom, Could we see an unexpected bullish swing upwards? Fisher indicator also showing signs of a reversal (crossing up)

Interesting point for BTC to be, time will tell.

BTCUSDT
BTCUSD
BTCUSD
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Commento:
There's a cheeky bullish harmonic on the weekly too
Commento:
just look at the volume on the last green 2-week, higher than the dump candles, indicates reversal (just looking at volume)
and you have the massive 2-weekly bullish harmonic that everyone seems to be ignoring.. these harmonics play out on almost all TF's.. it's extremely rare to get one on a high TF like the 2-week
Commento:
Related charts are scattered throughout this idea:
Commento:
Looking stronger on the chance of the bullish reversal harmonic playing out!
Commento:
closed 2-week above S2 which was an issue for a while
Commento:
Still chilling around here for now, no sign of invalidation yet which is good

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