Hello all ! Feeling great to be here !

I want to share one more indication that crypto has probably bottomed out . Of course I will use Bitcoin as a leading indicator. (1W chart) . We also have to consider that buying below the 50 MA looks like a great idea from historical point of view.

However we could still see some more downward moves, having in mind the curent geo-political situation , energy crisis and inflation .

I'm sharing again the 4h. chart where we have a bearish channel and we still could expect some sort of a "long positions whipe off " type of move to the mid. 17K
#BTC #cryptomarket #Bitcoin
Best Regards