Multiple Views of the BTC/USD price action through the lens of a few different indicators...
I am feeling Bullish But remember this is a 24 D time frame and that should be the context to take into account for expectations this is more of a macro view of price action Not a Go long with 125x leverage signal ... But a bullish hopium peace :)
Is BTC in a bull market sure is The 15 ema is > the 30 ema As well as the 50 ema > the 200 ema
We are working our way back to the all time high of 2019 then onwards to the all time high of 2017 my view is that once price action reaches a new all time high BTC will have crossed the START LINE and it will indeed be interesting to see where the price action rallies to
Not financial advice Just fun for my personal record :)
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My Avwap form the low of 01.01.2015
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Higher Highs , Higher lows , Lower highs , Lower lows ... Trend indicator with price at different points in time as well as horizontal rays for fun
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Comment: A fib retracement using both normal and log retracement :) from the low of 2018 to the high of 2019
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My ema ribbon using normal and fib values ... color coded :) Bullish posture and position with all lower ema above higher ema lines I think they might be pointing to the moon :)
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The mmb's standard deviation bands of the sma 21 ... There is a pattern there if you look close enough :) currently, price action is NOT EVEN above the green line ...
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VPVR quite thin above $12280 close a 24D > $12280 and things will get interesting :)
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Hash rate / Hash ribbons indicators
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RSI still below bullish control zone
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GMMA indicator kind of simple
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Good old log Price model :)
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Another Log model Golly if price action Closes Below 12K I think BTC could go to ZERO !!! :) sorry, my sense of humor is bad :)
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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.