You are viewing a single comment's thread from:

RE: Bitcoin Price Chart Analysis - Where Will the Bottom Be?

in LeoFinance2 years ago

👍🏻Your analysis and potential bottom zone matches with Elliot wave analysis (saw a good video of a German crypto analyst yesterday). Somewhere between 20-27k they said will be very likely the turnaround. Depends on market sentiment and relative strength. Might even go down below 20k but that’s rather unlikely.

As yourself I hope it will be in the area we saw this week. Even though we crashed the Support at 29-30k holding the 26k at least is in the current situation (Terra Luna) a good sign to me.