Long term BTC bottoming cycle
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.
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.
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