Sell-Off Over? Bitcoin's Price May Be Nearing Bottom

Technical Analysis shows that Bitcoin may be nearing it's bottom, at least for a short-term bull run. Bitcoin has seen itself oversold (under 30 RSI levels) numerous times, and most times it has reacted with sharp swing back. Bitcoin is also bouncing off of it's bullish 50-day moving average on the weekly, and is on track to form an ascending support level pattern dating back as early as mid-2017, however understand that until we can observe Bitcoin's behavior at these lower levels, we can't say it's the end all be all for this bear market. Subscribe for more knowledge! Like if you enjoyed! ►Get Trade Alerts! https://www.patreon.com/snipers Got any questions? Feel free to leave them down in the comments below! Also connect with us on any platform you prefer for non-stop action! ►CONNECT! TWITTER: https://twitter.com/sniperstube DISCORD: https://discord.gg/HqgQA9D FACEBOOK: https://www.facebook.com/sniperstube INSTAGRAM: https://www.instagram.com/sniperstube/ SNAPCHAT: https://www.snapchat.com/add/sniperstube STEEMIT: https://steemit.com/@snipers ------------------------- ►REFRENCES! TradingView Chart (Copy & Paste): http://tradingview.go2cloud.org/SH1TG Coinigy Chart: https://www.coinigy.com/?r=5f8dd7f0 Market Capitalization: https://coinmarketcap.com/charts/#dominance-percentage All Coins: https://coinmarketcap.com/all/views/all/ Picture Credit: https://i.redd.it/cz5jf5tgpxo01.jpg Disclaimer: The information from Naeem and any other SnipersTube affiliate/member is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial professional to determine what may be best for your individual needs. I don't make any guarantees or other promises as to any results that may be obtained from using my content/advice. No one should make any investment decision without first consulting his or her own financial adviser and conducting his or her own research and due diligence.