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The picture is very clear in the long term.
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Almost every time $BTC has reached the lower band in the Bollinger Bands, we've seen a strong bounce (even in the bear market). The lower band has now been touched again.
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#Bitcoin and the Wyckoff-Reaccumulation Model. Still the same plan as a few days ago. If we continue to follow this model, we should see a strong reversal in a few days.
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I'm probably still one of the few bulls out there, but I don't think the bull market is over. 🫰 Corrections happen and nobody hits the exact bottom, so all this hate is useless. btw. I've seen this pattern before.
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🚨🚨🚨 ALERT 🚨🚨🚨 🇺🇸US Unemployment June = 4.1% Expected = 4% And btc dump pump approx 1000$ exact on 6 o'clock .
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Nobody will ask you in a few months whether you bought $BTC at 56k or 50k. At this point, I think the market is overripe for a turnaround. The blue line in the MZ BTC bottom-Indicator shouldn't be undercut so we can continue to follow the cycle of 2017. and yes it is not easy to hit the exact bottom, but this whole situation reminds me very well of 2022, where many thought that 17k was the bottom for BTC and it subsequently fell to 15k. Did that play a big role a few months later? No. It's important to buy in a range where you feel comfortable and then be patient imo.
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