- Crypto Analyst states that a chart is worth a thousand words.
- The potential bottom BTC could reach $11,500-$12,000, states CryptoCapo
- The RSI of BTC is at 56.41, denoting the sideways movement will continue.
Crypto Analyst CryptoCapo made a succinct statement wherein he pointed out that in the phase where altcoins shred 50-90% of their price, the potential bottom that BTC could reach was in the range between $11,500-$12,000.
He conveyed his message by saying that a chart was worth a thousand words. The analyst made this comment by paraphrasing the saying that goes, “a picture is worth a thousand words”.
BTC opened the market for the past week trading at $16,570 as shown in the chart below. During the first four days of the ...
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