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Bitcoin is at an interesting point in time: RSI 70. Traditional investors use a 30-70 RSI range, so they start to get worried that BTC is overbought now. BTC investors on the other hand know that normal BTC RSI range is 40-90, so RSI 70 is only slightly above the average (65)🚀
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Bitcoin is so much more than just technology adoption.
Note that the main reason why bitcoin was made is debasement, i.e. fiat money printing by central banks, resulting in (hyper)inflation and fiat money debasement.
Note that the main reason why bitcoin was made is debasement, i.e. fiat money printing by central banks, resulting in (hyper)inflation and fiat money debasement.
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Just to confirm bitcoin is still in a bull market🔴
I see some people turning bearish and shorting, but the data tells a different story, a bullish story IMO. We just need some patience.
I see some people turning bearish and shorting, but the data tells a different story, a bullish story IMO. We just need some patience.
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Bitcoin has tracked powerlaw very well.
Question is: will we see a 2013,2017,2021-like bull run with RSI 80+ (red dots) and if so how high will BTC go from here, 100x like 2013, 10x like 2017, 4x like 2021, or 2x (to ~$200k) like most people think, or .. 5-10x in line with S2F?
Question is: will we see a 2013,2017,2021-like bull run with RSI 80+ (red dots) and if so how high will BTC go from here, 100x like 2013, 10x like 2017, 4x like 2021, or 2x (to ~$200k) like most people think, or .. 5-10x in line with S2F?
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Would be nice if RSI hits 75 (orange dot) again this month! RSI 75 = ~$130k June closing price.
ビットコイン ~$100k は S&P ~$6k と完全に一致しています。
そして S&P $7k (+17%) は BTC $300k と一致します。
詳細な分析:👉http://m.youtube.com/watch?v=OJKz_I1xTK4
そして S&P $7k (+17%) は BTC $300k と一致します。
詳細な分析:👉http://m.youtube.com/watch?v=OJKz_I1xTK4
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Bitcoin RSI = 69. IMO we are going to RSI 80+
👉My view in this NEW video: http://m.youtube.com/watch?v=OJKz_I1xTK4
👉My view in this NEW video: http://m.youtube.com/watch?v=OJKz_I1xTK4
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If I blocked you on X, please don't take it personal.
I blocked ~200,000 accounts, about 10% of followers. Usually I block if you try to promote shitcoins, or if you try to sell stuff, or if you are rude, or if your comments are low IQ. My aim is to block bottom 10% of replies.
I blocked ~200,000 accounts, about 10% of followers. Usually I block if you try to promote shitcoins, or if you try to sell stuff, or if you are rude, or if your comments are low IQ. My aim is to block bottom 10% of replies.
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Bitcoin 200 week moving average (black line) is diverging from the 200 week geometric mean (grey line) indicating the bull market is building, just like in 2013, 2017 and 2020/2021.
My view on current bull market:
👉http://youtube.com/watch?v=VqNA3V0xfFA
My view on current bull market:
👉http://youtube.com/watch?v=VqNA3V0xfFA
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Bitcoin RSI = 69. I expect at least 4 months with RSI 80+, just like in previous bull markets (2021, 2017, 2013). RSI 80+ is associated with monthly returns of 40%+. 4 months of 40%+ return bring BTC from $104k to $400k ...
More analysis: http://youtube.com/watch?v=VqNA3V0xfFA
More analysis: http://youtube.com/watch?v=VqNA3V0xfFA
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Last chance to buy bitcoin below $100k might be behind us. My view on current bull market:
👉 http://youtube.com/watch?v=VqNA3V0xfFA
👉 http://youtube.com/watch?v=VqNA3V0xfFA
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