Reasons why I believe this is a reversal
- Triple Bottom, technical and fundamental (went 3 times below the cost of production of BTC)
- Increase in the intrinsic value (adoption, evolution of technology, LN for example) of the BTC in the last 3 months
- Consensus effect
- Eminent crash in the stock market
- Financial crisis (public debt and political instability, devaluation of the euro)
- Need of refuge
- Market psychology in the state of depression (confirmed)
- Increase in liquidity with stable currencies
- Divergence of RSI, MACD
- Higher bottoms
- Increase of the price of gold
- Early stages of a divergence between SP500 and Bitcoin
- Trade Wars
The coin i am more higly invested is Steem. I believe is the one that has more potencial. Relation risk reward
Stay safe when investing
Regards!
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