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AlanSantana
21 de Jun. de 2022 15:54

Bitcoin V Shaped Bottom Leads To 85-95%+ Recovery On Average Largo

BITFINEX:BTCUSD1D
Bitcoin / DollarBitfinex

Descripción

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Just the word bottom means that there isn't any lower... So, is it really a bottom?

Now... Hit LIKE and let's get started!


Bitcoin's Multiple V Shaped Bottom

We first go back to the famous March 2020 bottom...


Notice how Bitcoin grew over 85% in just 30 days after the V Shaped Bottom.

We go further back to the classic February 2018 bottom...


Notice how Bitcoin grew over 95% in just 14 days after the V Shaped Bottom.

We have a few more but three is enough for the purpose of this post...
And we go back one last time to January 2015...


Notice how Bitcoin grew 89% in just 12 days...
After the V Shaped Bottom.


Bitcoin 2022 V Shaped Recovery

We have the same pattern developing currently as it happened in the past.

Based on this analysis, we can say that Bitcoin can easily grow by 80 to 90% in the coming month... You can see more details above in the chart.

My personal target though is set at around $29,000 because we are always conservative... But this analysis might support additional growth.

What do you think, do you agree?

Yes or no...

Regardless, remember to hit LIKE for more and to show your support.

Thank you!

Namaste.
Trend AnalysisChart PatternsBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDaltcoinscryptoCryptocurrency
Comentarios
sid1986trade
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all indicators showing potential for huge pump to the upside. snooze you lose
AlanSantana
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@sid1986trade, True.
TruePrimeOne
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I agree with you, but I also think their is a high probability we crash even lower flushing out the weak hands. A think everyone is expecting it to pump from here. It is a great level, but if everyone is expecting it the opposite could happen.
Ben_vouh
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pump it !
AlanSantana
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@Ben_vouh, I see we have the same targets... Really nice.

Thanks for sharing.
DeGRAM
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Thank you for sharing your analysis.
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