BTCUSD: Still another -20% to go? Totally possible, but BAKKT?

in bitcoin •  6 years ago 

Screenshot 2018-11-16 at 7.44.20.png

So... The price has clearly closed below both of my assumed long term bottoms:

  1. Long term bottom trend
  2. Assumed mining profitability level (6'000)

The next trend based break out area is in the pic. The supposedly soon to happen BAKKT is sometihing positive? Is it? That might represent a turning point fundamentally speaking.

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bitcoin btc downside trend analysis
6 years ago by

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