Bitcoin looks to be bottoming...

in bitcoin •  2 years ago 

The big round bottom chart is in play here...

Who doesn't like a big round bottom?!

Well, if you are a bitcoin hodler, you probably like it even more than the rest!

Check this out:

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(Source: https://twitter.com/AurelienOhayon/status/1553030757614080000/photo/1)

Bitcoin is putting in a rounding bottom pattern, at least it appears to be.

If it follows past bottoming patterns we should see much higher prices in the coming months.

I personally am not quite as optimistic as I think the bottoming process won't fully play out for another 6 months or so, but here't hoping!

History does often repeat to an extent.

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It will be very hard for btc to go above 50k

Yep, it will take some time. However a bounce to $28k seems likely to me.

You are right

You've got a free upvote from witness fuli.
Peace & Love!

Upvoted! Thank you for supporting witness @jswit.
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Hope so,it go well soon from this ...

I too eagerly waiting to see btc at 50k range.