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Hekmachine

Monthly RSI BTC level is the same as in previous bear market

Long
Bitcoin (BITSTAMP:BTCUSD)  
Hekmachine  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Harmonic Patterns
4
2
trendanalysis chartpattern harmonicpatterns
Hi all,
The monthly RSI level of BTC is the same as the bottom of the previous two bear markets.
This would mean BTC almost bottomed out?

I think the bottom is around 22k for BTC. That is also the point where the 200 weekly SMA is at.

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