Too early to call it a triple bottom.
The lower highs are still a bad sign from a technical analysis standpoint. If the support holds, it will form a downward wedge, which would suggest a breakout to the downside eventually.
Too early to call it a triple bottom.
The lower highs are still a bad sign from a technical analysis standpoint. If the support holds, it will form a downward wedge, which would suggest a breakout to the downside eventually.
Those lower lows aren't really lower.... 0.5% isn't much. Maybe better to say $6k is a solid bottom at this point, Hopefully.
I am talking about the lower highs, not the lower lows.
Your definitely right about lower highs... The last rally ending at $10k was disappointing.
I'm still sticking with $6k being the bottom - accumulation time for me