HOPIUM for Bitcoin



The bottom is in for now, and we are due for a relief rally soon unless stocks crash hard.

Bitcoin is now retesting the previous all-time high from 2021, which last time marked the bottom for BTC.

In 2022, BTC tested the 2017 ATH of $19,800, dipped below to $15,400, and then formed the bottom.

We are seeing the same pattern again: we just went below the 2021 high of $69,000 and tested the $60,000 level.

So the bottom is likely in and we should bounce, but if stocks dump hard, BTC can go lower.
BTC7,07%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)