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Bitcoin getting close to buy time again

jondoe - 2024-05-01 21:11:48

The daily chart is saying we are close to a bottom


Looking at the daily chart of GBTC, and it looks like it is about time for a turn.


Check it out:


image.png


(Source: https://stockcharts.com/h-sc/ui)


The only question is how low do we go here…


Buying right now is a bit like trying to catch a falling knife, so maybe wait until we for sure put in a floor before stepping in.


However, heroes are often remembered.