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Danimal69

Have We Actually Hit the Bottom Yet?

Bitcoin (BITFINEX:BTCUSD)  
Danimal69  
BITFINEX:BTCUSD   Bitcoin
Technical Indicators Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) NVT cvdd balancedprice bottom accumulation BTC whereisthebottom model
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indicator trendanalysis chartpattern bitcoin nvt cvdd balancedprice bottom accumulation btc whereisthebottom model
Have we hit the bottom yet? Weekly 200MA which many people use point towards a double bottom test that we have had, yet other indicators which I believe are more useful in showing accumulation zones show that March's drop to 4k was not actually a second accumulation zone.

You can check out this chart I have uploaded.... ibb.co/qrd9SZf

CVDD and Balanced Price are really good indicators showing us where the market has bottomed. It does not appear to show a second accumulation bottom which the weekly 200MA does indeed show. Staying in the 4.2-4.5k zone for a short period of time I believe will be the true bottom.
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