DGminer

Possible BTC bottom

Short
INDEX:BTCUSD   Bitcoin
First keep in mind this chart is examining weekly closes, not wicks.

BTC had two Bear markets, the bottoms of these markets were at 12/Jan/2015 and 10/Dec/2018.
Both of these times the (white) lines of the weekly EMA 25 , EMA 91 and MA 100 were crossed at these exacts dates.

These lines will cross again roughly at the end of June to mid of July.

Could this crossing mark the bottom of this Bear market for the third time?


The past two times we had before the crossing some kind of capitulation , after the crossing we had a period of consolidation and after that a Bull run begins.

The past two crossings found the prices of BTC at the weekly MA 200
My estimation is that this time the weekly (green) lines of EMA 244 and MA 207 will be the support level of this possible coming capitulation
these green lines are based on the most recent bottom of the black swan event of the plandemic.

When the crossing will take place these green lines will be roughly at $2260 to $25125


Most likely we will have some kind of BULL TRAPS , so watch out...

Wish you all the best , keep your emotions stable so we all gonna make it .





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