BITCOIN - Is This The Bottom ?

[lingriiddd]

Printing a lower wick - and this might just be the bottom or very nearly the bottom here as there was another ratio to find.

Notice that the wick has printed tidily within this 1.618 GW extension.

Also MSTR appears to be a leading indicator that the market may be about to turn ~ see linked thread

Also it is now oversold RSI on the day chart.

That might just be it and this may well be prime dip buy for altcoins / MSTR - let's see how it develops 🧐.

This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.

[Nahid Hossen]

Bottoms never feel comfortable — but this zone has historic demand.

[Abdul Khan]

If BTC holds here, we might see a strong reversal rally soon.