COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We could make support in the purple line in case of a break to the downside, just an update.

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\At the moment Bitcoin moves aligns closely with daily hash rate - quite possible when hash rate is restored to previous heights so will Bitcoin price
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Cryptolover333 white_crow
@white_crow, thanks for commenting this😀
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white_crow Cryptolover333
@Cryptolover333, stating the obvious huh? 😁
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Cryptolover333 white_crow
@white_crow, I believe we are in the way to hit the bottom of the descending triangle but for now we are making support in the daily RSI. Keep an eye on that.
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white_crow Cryptolover333
@Cryptolover333, Its exactly where my buy is set, it correlates with lower Bollinger band on daily as well.
I see a possibility of going another 15-20% lower to around 25k though as there is steeper descending triangle when you connect lowest green wick with 3rd on the left
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Cryptolover333 white_crow
@white_crow, yes I agree, we could even go lower.
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