BTC has already bottomed at 17.5K on 18.06.2022
I'm looking at 2w timeframe and comparing all bear markets with each other. History data shows in every bear market this 3 things happen at the same time.
1. BTC bottoms at 0.38 fib level/from bottom to the top/ length of bear market 400-450 days from top to bottom/
2. These magic moving averages/ in pink circle/ crosses on the exact day/ 3 times in history.
3. The bellow indicator has 0 value the day when above 2 things happen.
Check my another Analysis I made on 18.06.2022 which proves that BTC has bottomed. I attached the link bellow.
1. BTC bottoms at 0.38 fib level/from bottom to the top/ length of bear market 400-450 days from top to bottom/
2. These magic moving averages/ in pink circle/ crosses on the exact day/ 3 times in history.
3. The bellow indicator has 0 value the day when above 2 things happen.
Check my another Analysis I made on 18.06.2022 which proves that BTC has bottomed. I attached the link bellow.
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