RE: What may need to happen for the price of Bitcoin to bottom

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eskmcdonnell (45)in #bitcoin • 7 years ago

When btc hovered at 5800 usd I was hesitant to call a bottom. It was too brief. However there was consolidation and then a bounce. Then now...

7 years ago in #bitcoin by eskmcdonnell (45)

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dotfee (52) 7 years ago (edited)

It's increasing now, maybe one again it will down then started rising

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eskmcdonnell (45) 7 years ago

I see no sign of a sustained run. A breach of the 50SMA is what I want to see and even then this wouldn't mean we've bottomed.

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