Bitcoin yearly divergency

28 thg 7, 2023

BTCUSD
Take a look on this historical Bitcoin chart.
https://www.tradingview.com/x/1xBBja06/

Based on my 2 indicators Accumulation and Distribution we can see huge yearly divergency. Step by step whales distribute coins which they got in a first 5 years. From 2015 till now we see pure divergency. I think we will see new ATH around 89000-130000 and reject one more time at the main line on ADZ indicator.
Based on Direction indicator (lowest) we touch the same level where BTC was in 2015. Of course we will not repeat % pump because Bitcoin is to heavy now. But model can be similar with uptrend move.

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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

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