Bitcoin has hit a temporary bottom as per my indicators

2022年6月13日

CCI Index, RSI, MACD and price action collectively signaling that we've hit a local bottom here in the market on Bitcoin monthly. Additionally, we've now tagged the 200EMA + 200MA weekly in the past few weeks, another bottom signal that has historically led to a bounce, even if temporarily.

CCI + RSI have historically hit this key level the 44 level and bounced off + MACD has now had multiple months of expansion on the bearish cross where the bands widen far apart + histogram dives deep negative. Again - I understand that the macro back drop is so bad, inflation is terrible, Fed will likely hike 75 bps soon, etc.

But just simply explaining that our technical indicators have now hit key levels we've been watching for months.

2022年6月13日

評論

200EMA + 200MA weekly in the past few weeks, another bottom signal that has historically led to a bounce, even if temporarily.

2022年6月16日

評論

On a quarterly perspective you can see how and why BTC can possibly retest 13K

2022年6月26日

評論

Looking at similarities to 2018 vs. 2022. Not too far off, imo. BTC

Personally thought this weekend we'd get a big squeeze up to 23K+ off the back of a strong Friday US Stock close...but nope!

So maybe we follow the path down to 15k?

2022年7月8日

評論

Closed longs here into 21k but now I'm still thinking we follow this path down