Jasonborntodie

Long term BTC bottoming cycle

INDEX:BTCUSD   Bitcoin
Stop me if you heard this one before!

Long term bitcoin chart-gives me the impression that we are in a bottoming formation here. Time wise it fits given the 4 year past cycles we have been seeing so far.

I like the Demarker osc divergence we've got forming here in this area. Also like that the "mining capitulation indi" has signalled a couple of weeks back on the last leg lower. Could mean that the end of this year's down cycle is on t way out.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.