Hello ,
I might just discovered the upcoming bottom for the Bitcoin .
Pay attention on the picture - every time we have a capitulation , the RSI on the 4h is going slightly below 10 . And of course this time it was the same. (same also for the rona crash )
But what happens after ? How the reversal is getting formed ?
Pay attention that we always have some type of a bullish divergence.
The last too times we had capitulation / showed on the picture / , we had approx 15% further drop in price , while the RSI is creating a higher low !
In the current case that makes around 13500 for Bitcoin !
Going to that level , while RSI creating a higher low will be THE VERY FIRST indication for the trend reversal !
But this time we have , a bullish divergence to be formed on the WEEKLY , so ones that happens , the bulls will be in control !
