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Technical analysis by CryptoMainly about Symbol BTC: Buy recommendation (5/15/2022)

https://sahmeto.com/message/2655550
CryptoMainly
CryptoMainly
Rank: 14110

Bitcoin - Bullish Divergence

Buy
Price at Publish Time:
$30,270.21
Buy،Technical،CryptoMainly

Several signs suggest we are already at or close to a temporary bottom. The low Bitcoin prices at $22-$24K range are not due until towards the end of this year according to previous cycle comparisons! Summer Alt Season followed by actual capitulation year end is my opinion. Watch for everyone being super Bullish as we get back above the Bull Market support band, bounce along it as if it will hold as support before the big rejection from the 200SMA after the Summer Alt season.

Source Message: TradingView
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