Bitcoin Price May be Close to Bottom

in hive-119463 •  3 years ago  (edited)

Bitcoin Price may be close to bottom. Some investors are waiting marketcrash. I mostly met with these investors nowadays. They are waiting BTC price to see in 11K, 14K and 21K. But There are a few charts, say that we will wait forever...

Here is logarithmic rainbow chart of Bitcoin. It may be close to bottom. When we look at Bitcoin Log Curves Oscilator, We are close to bottom. We need a few drop to touch the bottom.

c1a9f1cc-2166-459c-8c7a-dd2046bab0a5.JPG

Here is weekly chart of Bitcoin and RSI 21 Indicator. It is close to bottom and will be crossed up or down in Summer!

Ekran Resmi 2022-05-07 01.15.29.png

It is nice to see weekly 6 red candle in Bitcoin chart! We have never seen 7th before...

Ekran Resmi 2022-05-07 01.15.29.png

I think We will not see Bitcoin price below 30K. If there will be a marketcrash as covid, war etc.. we may see...

It is nice level to take risk and buy...

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Goooood