Bitcoin bottom confirmed?
Bitcoin has perfectly bounced from the channel support as we know and hidden bullish divergence is also spotted.
This means that there is a high possibility that BTC bottom is already formed out and from here we can expect the price to go higher or one more down move can be expected to again retest the channel support and balance the imbalance areas. Thought we all need to remember that the current situation in politics especially when it comes to Russia and US will have a high impact on the market.
This means that there is a high possibility that BTC bottom is already formed out and from here we can expect the price to go higher or one more down move can be expected to again retest the channel support and balance the imbalance areas. Thought we all need to remember that the current situation in politics especially when it comes to Russia and US will have a high impact on the market.
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