$BTC JUST HIT THE BEAR MARKET BOTTOM LEVEL THAT FLIPPED PAST CYCLES ๐
I've been tracking the "Bubble-Free Bitcoin Support Rainbow" indicator for years. It's now flashing exactly where the 2015, 2019, and 2020 bottoms printed. Volume is contracting and the weekly RSI is at 42 โ the same zone that preceded the last two 100%+ rallies.
When $BTC confirms a level like this, altcoins like $AGLD and $JTO often follow suit within 48 hours. The risk/reward here is asymmetric if you're patient. Are you accumulating here or waiting for one more sweep?
Not financial advice. Always manage your risk.
#BTC #BearMarketBottom #Bitcoin #CryptoTrading #SupportRainbow
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I've been tracking the "Bubble-Free Bitcoin Support Rainbow" indicator for years. It's now flashing exactly where the 2015, 2019, and 2020 bottoms printed. Volume is contracting and the weekly RSI is at 42 โ the same zone that preceded the last two 100%+ rallies.
When $BTC confirms a level like this, altcoins like $AGLD and $JTO often follow suit within 48 hours. The risk/reward here is asymmetric if you're patient. Are you accumulating here or waiting for one more sweep?
Not financial advice. Always manage your risk.
#BTC #BearMarketBottom #Bitcoin #CryptoTrading #SupportRainbow
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