BTCUSD bottom is not in, but we are closeBitcoinTHINKMARKETS:BTCUSDJayEasyBTCUSD to all the bulls saying the bottom is already in. no. too soon. sorry for saying so. History shows us that we will have to touch 2.618 of fib first and a good drop below the 200SMA. 2.618 of fib is 52,413$ and 200SMA is currently at 59,906$. 50-55k perhaps? we will see what future will show us. I already started buying (dollar cost averaging) and staking my assets. I'd definitely recommend SOLUSD for the % APY in return if you're new to crypto. The closer to 2.618 the more I will accumulate. 1. Yes, you won't make huge profits in the upcoming months this way, but by next bull run you definitely will. 2. Yes, RSI already shown oversold on weekly, but even if it does, BTCUSD can still drop lower (this happened in a cycle before). 3. Yes, MACD is about to show a bullish crossover on the weekly, but I still think that the fib 2.618 + 200SMA combination is the most accurate when it comes to determining the actual BTCUSD bottom. This is not financial advice. I'm just sharing my plan for the upcoming months and my point of view on this. With diamond hands you will always win. I'm saving my idea here to have a look at it again and learn from it. Support my idea if you like it!:)