BTCUSD: Seen thousand times. But VMA200 shows us a great DETAIL!

Hello my friends!

Okay, you know this kind of charts. Many have already posted this. Me too. But nevertheless I would like to point out a special detail:

Daily VMA200!

The Volume Moving Average is a basic technical indicator representing the average volume over a specified period of time. The D VMA200 is a very good indicator for the main levels of BTC imo. We also know this levels from the Bitcoin stock to flow model.

Bitcoin stopped exactly at the VMA200, as in 2018. But this time it's different. We are in an early stage after halving. What does that mean? The VMA can be understood as an extremely strong support line, continues to indicate an uptrend. One thing is certain, we will now see a strong pullback.

What might the final period look like now?

I see here a course as in 2019. That would mean the price of today would either increase by a factor of ten, to fall back after to the stock flow level of 115k.


HINT: This is one of the best charts i know. It is from @WyckoffMode (https://www.tradingview.com/u/WyckoffMode/). Thx to him.

s3.tradingview.com/s...shots/4/4whNtDvC.png





--


Let's see what happens.
Happy trading. :-)


--








My Post May 23, 2021

My Post Apr 18, 2021

My Post Nov 19, 2020

My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-)

--

코멘트:

One more detail: D VMA200 und D VMA21 are at the same level. And D VMA21 is green again.