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Mathematical Proof the Bear Market is Over?
Bitcoin
Long
Mathematical Proof the Bear Market is Over?
By MarkLefevre
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Mar 11, 2023
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Mar 11, 2023
This is the log of the difference between the 80 Week SMA and the 20 Week SMA and its first derivative (slope) on the BTCUSD chart
The white line = [log(80 W SMA - 20 W SMA)] and the red and green waves are the first derivative of said measurement.
This measurement quite clearly indicates that we are moving out of a bear market and into a bull market.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDC
BTCUSDT
Chart Patterns
crypto
Technical Indicators
Trend Analysis
MarkLefevre
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