Technical analysis by Zozman about Symbol BTC: Buy recommendation (1/10/2023)

Even though we don't have enough historical data to make better projections, we have to make do with the sample size at hand. The chart above is 2W based. What is obvious is that we are at major bottom. It does not mean we may not go lower nor that we have seen macro bottom, but looking at previous bottoms taking into account volatility and momentum, we are getting close. A confirmation of bottom and the beginning of uptrend will be the moment the Heiken Ashi prints a green candle and crosses the zero line.