Found this long term trendline a few weeks back. Was it the bottom? We shall see.
We are still in a bull market, the trend is intact. Support is holding, therefore I am bullish until proven otherwise. But if this support does break, look out below.
Total altcoin marketcap priced in BTC. Its the most bullish chart this side of the kuiper belt. This is not financial advice, this is financial guarantee.
This is what it looks like if we get true s-curve adoption of Bitcoin as a store of value technology.
Triple bullish divergence forming on the MFI weekly chart. If we can hold this trend there is hope. If we keep falling and close below then its gonna be a long year.
Total market cap (excluding bitcoin) Simple observations
This is the history of BTCs market cap ATHs, their correlations, and their percentage increases. If BTC achieves the average market cap increase of 1400%, the next euphoria cycle would bring BTC price to $250k. ~The creation of Bitcoin was an economic event horizon~
EMA is set to 1372 day average. 1372 days is the average number of days between BTC halvings. As you can see we are were way oversold and broke out violently above the HEMA. I suspect a continuation to 6-6.8k before any major retraces.
Had many requests to republish this chart.
Just finding patterns. This one is almost too perfect. Even the RSI arc is identical.
Re-publishing an old idea. A strong breakout here will confirm trend reversal. I am confident bitcoin is a strong buy right now. #stackbits
The bearish chart you've seen all month, but don't miss the details ;)