New study with huge implications maybe. Could make or break any future BULL RUN. Default indicator settings multiplied by four for Weekly Chart and by thirty for the Daily.
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Copy of my latest post#bitcoin vs Yuan predicted end 2013-14 bear market maybe.
Can't predict todays outcome but Yuan had same bad month at start of this bear as back in 2013-14. They were first actors in both starts & may be first actors out again at end maybe. Blue verticals correspond to months when both markets red candles. More notes on chart.
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#bitcoin decided publish this study only because something different or odd happened in this bitcoin price plunge which not happened before. This the fourth plunge. Maybe last two buoyed too much by ETF hype etc. No signals to help with buy or sell here though
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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.