Apologize but can only for 1 chart here
We used a ton of charts for this
PLEASE see our profile for more data
1/ Small🧵
Making case 4 $BTC bottom
NOT SAYING #Bitcoin bottomed BUT it's good case
A
UNTIL change, use #BTC Futures data
All using spot @ huge disadvantage, to each their own
B
So far BULL flag playing out, perfectly
C
Inverse Head & Shoulder forming
D
RSI stays overbought
-
2/
E
#BTC downtrend BROKEN
Volume not great but buys are in
See pinned for $BTC bottom process
F
HUGE volume November, largest EVER for #Bitcoin
To untrained👀weekly looks like all sells
BUT, let's dissect
G1
Experience knows better, thank GOD
Green arrows show intraday BUYING
-
G2
Yellow & orange arrows = LONG WICKS
Yellow volume is OUTRIGHT GREEN!
Orange trickier, wick shows BOUNCE back = BUYS
H
#Bitcoin buys came in around low 17 to low 16k
I
Spot $BTC, 4th chart shows almost NO buying until 3 DAYS later!
J Could this have been capitulation???
-
K
IMO 24k #bitcoin TOUGH area
Gap 12/20 = 24K
L
Will take time to break, puts into perspective $BTC bottoming process
Longer #BTC takes to bottom = BETTER
M
Look @ A + B, traded above BOTH moving avgs b4 a crossover
N
Both times heavy vol came LATER
O
Weekly RSI ok
-
Truly believe few out there put data like this and have the accuracy.
If we get enough we are contemplating videos.
We don't need to post and show all of this as we can keep it to ourselves.
We aren't really looking to monetize. Our intent is to HELP masses.
PLEASE SUB & follow.
We used a ton of charts for this
PLEASE see our profile for more data
1/ Small🧵
Making case 4 $BTC bottom
NOT SAYING #Bitcoin bottomed BUT it's good case
A
UNTIL change, use #BTC Futures data
All using spot @ huge disadvantage, to each their own
B
So far BULL flag playing out, perfectly
C
Inverse Head & Shoulder forming
D
RSI stays overbought
-
2/
E
#BTC downtrend BROKEN
Volume not great but buys are in
See pinned for $BTC bottom process
F
HUGE volume November, largest EVER for #Bitcoin
To untrained👀weekly looks like all sells
BUT, let's dissect
G1
Experience knows better, thank GOD
Green arrows show intraday BUYING
-
G2
Yellow & orange arrows = LONG WICKS
Yellow volume is OUTRIGHT GREEN!
Orange trickier, wick shows BOUNCE back = BUYS
H
#Bitcoin buys came in around low 17 to low 16k
I
Spot $BTC, 4th chart shows almost NO buying until 3 DAYS later!
J Could this have been capitulation???
-
K
IMO 24k #bitcoin TOUGH area
Gap 12/20 = 24K
L
Will take time to break, puts into perspective $BTC bottoming process
Longer #BTC takes to bottom = BETTER
M
Look @ A + B, traded above BOTH moving avgs b4 a crossover
N
Both times heavy vol came LATER
O
Weekly RSI ok
-
Truly believe few out there put data like this and have the accuracy.
If we get enough we are contemplating videos.
We don't need to post and show all of this as we can keep it to ourselves.
We aren't really looking to monetize. Our intent is to HELP masses.
PLEASE SUB & follow.