Financial markets are in a meltdown and every leg lower is strengthening expectations in the credit market that the Fed will soon offer support. Bitcoin (BTC), the leading cryptocurrency by market value, traded 8% lower at $75,800 and the U.S …

The number one question on investors’ minds is whether an asset has hit its bottom after being in a sustained downtrend for an extended period of time. Recent price action suggests that bitcoin (BTC) may have found its bottom just above $76,000 on …

A hammer candle is where the lower or upper wick is 90% of the total range.

BTC’s latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.