Is The Bottom In On BTC?

6 paź 2022

Good morning all. Today is another little check up on Bitcoin. I am still holding a long here at this demand zone. We can see the whole picture here in this chart. Do you believe in the power of 3? What I do know is that price is now trading above the 100 moving average, we are moving above the long standing downtrend line, so is the bottom in? With recent troubles around the world Bitcoin has had it's chance to break lower but hasn't. Recent trading volume for Bitcoin futures peaked back above $1 Trillion for September, so hopefully we will see the increase continue. Keep holding for now the next couple of week's could tell a story. GLIYF