If there's anyone that can survive it, it's Bitcoin. It'll be thrown threw the ringer one last time and put in 4 consecutive micro wedges based on solid trend and fib lines. Honestly siding on it not making it past 59k as the the support line isn't as strong as the resistances. But I'm still longing cuz you'd be a fool not to. More of a meme idea than anything,...
OBV & RSI peaked at the blow off tops of 2017 and 2013 alike. Not here in 2021... RSI is cooling off, BTC has been chilling, and we got some time to kill. Below is 2019s bull trap. Look at how similar the data is. That's because we're early. 2019 was early. May 2021 is still early. We've got nothing but time until the end game. For now, it's alt season. here...
As you can see, we're making a cup and handle similar to 2017. You can see what that spelled out for the rest of the bull market. Do I believe this is how it'll happen again? It won't be identical, but we're a little ahead of schedule and losing steam, so we must complete the handle by hitting the bull market support band (44k) before moving forward. I expect...