BTCUSD: Bottom is In, Hope You Bought

14 jun 2022

BTC bottoms when the weekly RSI is this low. In addition, when the price reaches the 200 weekly moving average. Inexperienced traders/hodlers sold with the peak fear earlier today and experienced hodlers think it will go lower. Many people will miss the boat. It will not be a V-shaped recovery due to Fed policy but my estimate is a fairly stable recovery / uptrend over a good amount of months. Good luck.