BTC 1Y VWAP
Its pretty common this days to find all sort of indicator combinations to find Bitcoin bottoms, a very simple and powerful approach is given by the 1YEAR VWAP.
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- As you must know, VWAP considers Volume for its calculation.
- BTC Bear Markets take away lots of volume in a short period of time.
- 1Y VWAP will adjust every year, the drops you see in the charts are caused by a huge volume imbalance.
- BTC Bottoms tend to happen around VWAP Drops.
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PS: BTC Cycle theory not required for this to provide useful information.
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Hope this help.
Best!
Musashi
--------------------------
- As you must know, VWAP considers Volume for its calculation.
- BTC Bear Markets take away lots of volume in a short period of time.
- 1Y VWAP will adjust every year, the drops you see in the charts are caused by a huge volume imbalance.
- BTC Bottoms tend to happen around VWAP Drops.
--------------------------
PS: BTC Cycle theory not required for this to provide useful information.
--------------------------
Hope this help.
Best!
Musashi
Musashi-Alchemist
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