BTCUSDT
well I have seen a lot of analysis. they are not satisfying me at all. it's just creating more and more confusion.
we might have bottomed out already. so this price is actually good for long term holders. it's golden chance for anyone who wants to hold bitcoin for long time. even if we go below 15k it won't last long. because so many whales / big players are really looking for those cheap price to get into the market.
if we get another crash like we did in covid we might see a huge spike to 13-14k. (now probably due to recession and high leverage players)
but if you're accumulating bitcoin for long term like 1.5 years or so you're in good position.
take a look at the following chart we are seeing similarities between 2019 bottom and 2022 bottom. also rsi looking very similar (btw i am using heikin ashi to eliminate the noise to get cleaner chart )
i am mega bullish on bitcoin. but keep in might we won't make new ATH anytime soon at least for 2 years.