Judging by history, the Crypto total marketcap has been using the 20 week MA (Yellow line) as a strong resistance and support.
I feel it will be a clear indication the bear market is over when we can break above this moving average.
The RSI double bottomed around 30 in the last bear market before it changed trends. I am looking for something similar before this trend reverses.
Best estimate, this double bottom should happen around late March, early April.
- The Wiz
I feel it will be a clear indication the bear market is over when we can break above this moving average.
The RSI double bottomed around 30 in the last bear market before it changed trends. I am looking for something similar before this trend reverses.
Best estimate, this double bottom should happen around late March, early April.
- The Wiz
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