The weekly RSI is behaving just like it did around the previous cycle bottoms.
Bottom should be close, or already in - if this signal plays out the same way once more.
$BTC https://t.co/iN76aMyFe9
BTCActivation price $65,905.32Direction LongType DirectionalTimeframe Long
Max Favorable +0.7%Max Adverse −0.5%ACTIVE
Over the past decade, $BTC and $GOLD have taken turns to run.
Bitcoin outperforms gold most of the time, but GOLD gets a 14-month long window every once in a while too.
We completed that window earlier this year.
Time for BTC to shine, again. https://t.co/H8tt0K8pls
BTCActivation price $66,622Direction LongType DirectionalTimeframe Long
Max Favorable +0.5%Max Adverse −1.6%ACTIVE
People keep saying it can't keep playing out the same, but $BTC is still closely following the 2022 pattern.
Price now pushing towards $67k - right on queue.
Max fear bottom towards the end of Q3, before kicking off the new bull early next year?
Bring it on. https://t.co/QVYxTHBR8V
BTCActivation price $66,232.12Direction LongType DirectionalTimeframe Long
Max Favorable +1.1%Max Adverse −0.3%ACTIVE
$BTC reclaimed the range lows, and is now pushing higher - as expected.
The area between 65 and 67k is resistance from the Q1 range, but given how we sliced through it on the way down - it might not put much of a fight up here either.
Eyes on those 70k range highs if so. 👀 https://t.co/A1SSUSu2lU
BTCActivation price $65,931.92Direction LongType ConditionalTrigger Break Above 67000Timeframe Long
PENDING TRIGGER
Weekly bullish divergence, right on top of the 2021 cycle highs.
The bear market is losing momentum, right as we head into the summer sideways PA.
Personally using that opportunity to my advantage, buying more $BTC every week. https://t.co/X2GZqErffm
BTCActivation price $64,692.38Direction LongType DirectionalTimeframe Long
Max Favorable +1.7%Max Adverse −1.0%ACTIVE