@abdosh
Is Bitcoin going to write the same story again ?Well, wait a minute….. Doesn’t it seem strange when you think about itit ? Just like in January, Bitcoin has touched the 0.382 level again. At that time, everyone was confident – “No, no, this time is different.” What happened next, we all know… The market slowly rolled down.
Now the question is again – is something really different happening this time?
It doesn’t seem very different to me. When you look at the chart, a deja vu feeling. Same becoming bullish right now, because the price has risen a little, some resistance has broken. But the problem is is a place from which many times there is a relief bounce – meaning people think the bottom has been reached. But historically, it is more likely that this will not be the final bottom.
I personally still believe - the bottom is not yet fully formed. There is room to go a little lower. The market has not yet finished that pain phase. Maybe we will wick down again, maybe there will be
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