Look at the Sniper Entry Galore: on the 1D chart, there was only one sniper entry of a comparable significance at the beginning of 2015 – in the whole price history of Bitcoin!
Might be we'll still go a bit lower, but the worst part of the bear market might be over, soon.
Might be we'll still go a bit lower, but the worst part of the bear market might be over, soon.
Comment:
Addendum: I wouldn't recommend going long right now. Better wait for the next months to confirm the low and once it gets tested again (in the chart, this would be 4th of July 2019), a decent long opportunity might arise – 10 months before the next block reward halving.