BITCOIN 😨 Coin Flip - 📈 TA versus Data Science 📊

Updated

BTC Hash Rate on the weekly time frame combined with technical analysis reveals that we are in a make or break moment...
It's either a Weekly Bull Flag... or a Reversal Candlestick Pattern? 🤷 The miners will decide...

Note

The Indicator on the bottom is the BTC Hash Rate. I modified the Moving Average for "21 days" to filter out the noise.
🔴 Red Dot = Hash Rate crosses below Moving Average
💚 Green Dot = Hash Rate crosses above Moving Average
Combing data science with analysis of supply and demand may be a useful strategy for determining probabilities of price direction.
tradingview.com/.../c1foo8dz-Bitcoin-Hash-Rate/

Note

link to BTC Hash Rate Indicator

Note

Hmmm. Looks like Hash Rate updated and reversed back upwards...

ChartCinema

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