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Technical analysis by rgerhards about Symbol BTC: Buy recommendation (5/9/2023)

https://sahmeto.com/message/152770
rgerhards
rgerhards
Rank: 8110
1.5
Buy،Technical،rgerhards

Major short term dips Bitcoin has had many major dips in the past. The last four largest dumps (including the current one) caused a 63% drop. 2 out of 3 represented the long term bottom. The one that ended in Feb 2018 was followed by 95% gain before the long term bear continued. https://www.tradingview.com/chart/3ae64DHr/Comment: This turned out to be pretty much correct.

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Signal Type: Buy
Price at Publish Time:
$27,643.56
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