BTC ALMOST BOTTOMING

Finally the bear market is close to an end. Back in January I gave an estimation that BTC would bottom around 29-32 most likely and then updated with a possible 24k narrative. Obviously I have been gauged in the turmoil of emotion as everybody else. The most recent example was 2 weeks ago as I was expecting BTC to start climbing...I am human at the end of the day and may get caught in confirmation bias...this is why I and any experienced trader use Stop Losses order. I recognise that I may be wrong, that is why I protect my capital. Nevertheless Elliott Wave is being proven effective and BTC is following the path laid out in January. Funnily this is about to become the longest correction in the history of BTC in terms of duration. We are currently at the day 392 since April 21 peak.
Nevertheless what matter is that we are coming close to the bottom. Catching falling knife is never a great strategy so now it is a great moment to start DCA into BTC (not alts yet). Why because I would lie if I tell you I know BTC is gonna bottom tomorrow, but my macro analysis indicates that we are in the process of bottoming. This is confirmed by multiple Fibonacci target, Elliott wave targets and Support/Resistance levels. Volume is also starting to reach a climax and I doubt there is any seller left to speculate on the move. A mean reversion is now expected in my opinion with the 50WMA sitting at 47k.
What a good investor/trader/analyst would do? Wait for a confirmation to enter. What confirmation? Bullish structure forming on the 4h, 12h, and daily with Higher Highs and Higher Lows. Volume peaking up and key RS/SUPP reclaimed. If that s too hard...then DCA would be my choice.
Nevertheless 29k has been confirmed which was my original target, now we are in for the bottoming process.
Remember, market genius are made during bull markets but they disappear during bear markets, I wonder why.
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