RE: Bitcoin (BTC) Morning Update: The Bottom is NEAR!!

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Bitcoin (BTC) Morning Update: The Bottom is NEAR!!

in bitcoin •  7 years ago 

I still think the correction is already finished, and now price just finished subwaves 1 and 2 in a greater wave 1.
Just like this chart I did a couple days ago:

https://steemit.com/bitcoin/@thedolphin/will-bitcoin-continue-the-parabolic-trend-up-up-and

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  ·  7 years ago (edited)

Trend hasn’t changed yet.

But the waves are bullish imo, referring to

https://steemit.com/bitcoin/@thedolphin/bitcoin-will-continue-the-parabolic-trend-up-up-and

Expecting the trend to change...

usually volume indicates the bottom, you might want to look our for it as well, especially at the turning point of a major correction like this one

I see no confirmation of a trend change anytime soon. I don’t even see it happening in a couple of days but there’s always a possibility, although unlikely.