cryptovatsik

Bitcoin Log Chart - Green Range Lows Tapped Twice Already

Long
BNC:BLX   Bitcoin Liquid Index
If you think we are going to get major opportunities to buy much cheaper Bitcoin in the near future, you may be surprised if we don't get the chance.

Bitcoin has already touched the lower range (green box) of macro accumulation that we've seen in the past, twice, which is typical in a bear market with the second usually as a higher low.

This has already happened, and we are about to exit this green accumulation range box that I have simply drawn on the chart as my prediction of what was to come.

Now that we have gotten this scenario, the question is - how much longer does BTC hover around the lower bottom band of this Log curve, until it breaks upward with momentum and expansion?

Vatsik
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