LRC identifying potential
BTCUSD breakout
Note
History has shown that volatility within the global markets majors has led to Theory: If
1) The momentum inflows from the global major markets, 2) the squeezes put on the short positions, 3) as well as the inverse capitulation of the bottom feeders who had been anticipating a further downside in crypto markets, could then result in the perfect storm of Bitcoin price discovery.
Note
Furthermore, the monetary base which has far distanced itself above its own 1 year moving average, should allow for Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.