RE: Did we Finally HIT the BOTTOM of the CORRECTION?

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Did we Finally HIT the BOTTOM of the CORRECTION?

in bitcoin •  7 years ago 

We hit the Fib level and bounced. It was a good, easy, quick trade, I already bought and sold. The real bottom is when we panic the Fib HODLs out and that is under $5k.

That being said, a bottom needs consolidation, multiple tests of lows, then higher lows, this takes time and will likely develop in the $4k-$6k zone.

We will be under $10k for a while, get used to it.

bitcoin
7 years ago by

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