I believe the bottom is very close or already in for btc. Rsi is very low (few times in btc history was this low).
That said we could still experience further drops in prices.
Would another drop for btc be the end of the cycle?
I dont think so. Btc is so close to its logaritmic growth curve and even if it crashes further it would touch the bottom of the curve in february 2022 at 30k-ish.
This would create a double bottom and a macro higher low which would sustain a new rally to 100k+!
KEEP IT SIMPLE, STUPID.
Here for you, as always, CryptoSoap!
That said we could still experience further drops in prices.
Would another drop for btc be the end of the cycle?
I dont think so. Btc is so close to its logaritmic growth curve and even if it crashes further it would touch the bottom of the curve in february 2022 at 30k-ish.
This would create a double bottom and a macro higher low which would sustain a new rally to 100k+!
KEEP IT SIMPLE, STUPID.
Here for you, as always, CryptoSoap!
