In my following ideas I will be sharing few indicators and buy signals for Bitcoin which are indicating that we are very close to its final capitulation zone. It might not happen in the next day or so, but most likely that Bitcoin will find its bottom between now and November 2022.
The most important indicator showing that we are near the best entry point to buy Bitcoin is well known and mostly used by experienced traders and analysts the Long Term Logarithmic Uptrend line.
Currently Bitcoin price has retraced down and touches this line and indicating that we entering BUY zone for Bitcoin.
I expecting Bitcoin price to capitulate to lower levels and at least $24,500 and this will be the level when I start DCA into Bitcoin daddy!
Stay Crypto.
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