Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Today's analysis on Bitcoin is purely trend-based and focused on the MACRO trend. (If you're looking for a technical indicator analysis, take a look at this one :
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If you're looking for a comprehensive update on the Bump and Run Method, you can find it here:
All in all, if timelines are considered BTC is due for a Bullish cycle. This doesn't mean we can't go sideways for a while, but it seems highly likely that the accumulation phase is now over. Another reason why I am bullish on Bitcoin is due to the uncertainty regarding banks at the moment. Check out the two posts linked to related ideas below, they cover all of that information.
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Ghi chú
Note that just as the second fractal, this doesn't guarantee BTC will go "straight" up immediately.
Ghi chú
BTC taking a breather over the weekend, this week should be interesting.
Ghi chú
When Bitcoin takes a breather and trades range for a while, expect rallies across the ALT market 💰
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.