Ungovernable

No one actually understands how bullish this is

Ungovernable 업데이트됨   
INDEX:BTCUSD   비트코인
First - for the more obvious bullish divergences on OBV, RSI, & MFI.
I had a hell of a time trying to find anywhere with a similar divergence
But the places that I did find them had a massive pump following

Additionally, you're probably confused about the TLT chart.
These are 20 yr bonds that fluctuate more or less with the strength of the dollar, interest rates, and yields. These values are very telling when it comes to determining the 'health of the economy'.
Knowing that, I was able to give data to the health of the economy and put it against the market cycles of Bitcoin to see what kind of environment it needed to grow.
I noticed a pattern and certain conditions that must be met for Bitcoin to surge. Take out one of these characteristics, and you don't have a green light for a full blow bull market.

Condition #1: Massive sell-off of the TLT bonds followed by a relaxed recovery . This lights the fuse.
Condition #2: Volatility of these bonds must be in check. Any massive fluctuation after the fuse is lit will put it out. These are represented by the little dots from an indicator called a VSTOP . The Inception of Bitcoin followed the 2008 crisis, so the switch in VSTOP is backwards, but still relatively illustrates correctly.
Condition #3: The underlying data responsible for the TLT price action must follow a particular pattern. I've measured this with a moving average and smoothed moving average crossing of the TLT's RSI Similar to a death cross or golden cross. Green above red signals this 1 of 3 conditions true.

So, to determine the start and end of a Bitcoin bull-market, the green must be above the red, and the VSTOP must be in the gold .

With all of this, it appears Bitcoin is far from done pumping.


Thanks :)
거래청산: 타겟 닿음:
50k Reached - no clear trajectory at the moment

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.