Bitcoin / TetherLong
Bitcoin Expanded Flat (AB=CD) $BTC
This is yet ANOTHER argument id like to present here for Bitcoin bottoming out.
including the previous charts on this subject.
1) Pi Cycle low has signaled
2) AB=CD correction completed
3) VIX > RSI trend < 40 (100% hit rate)
4) 1.618 extension Reached
5) Historical resistance and ATH flipped to support
Many of these signals have a 100% correlation to cyclical bottoms for Bitcoin , however, its important to do your own research and make your own decisions, and to keep in mind that greed and disbelief exists at both ends of a price cycle.
including the previous charts on this subject.
1) Pi Cycle low has signaled
2) AB=CD correction completed
3) VIX > RSI trend < 40 (100% hit rate)
4) 1.618 extension Reached
5) Historical resistance and ATH flipped to support
Many of these signals have a 100% correlation to cyclical bottoms for Bitcoin , however, its important to do your own research and make your own decisions, and to keep in mind that greed and disbelief exists at both ends of a price cycle.
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.