Bitcoin takeover, thank God, as we explained in the previous update, it closed down the middle and we saw currency signals 👇
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On April 14, 7 months ago, Bitcoin was at 31,000 and achieved a new peak for the year 2023, and currency liquidity without Bitcoin was trading at 661B 📈
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Now Bitcoin is trading at 35,000, and the liquidity of currencies without Bitcoin is trading at 616B, meaning currencies have not returned to their prices in the month of 4 🎯
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Currencies still have a long way to go and a strong rise, even if they correct their current prices by 30% - 25% 🟥
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The positive thing for currencies is the decline in Bitcoin acquisition with the stability of the entire market’s liquidity, as happened 4 days ago and we saw explosions and bombs 🟩
What if Bitcoin repeated the three soldiers pattern and gave us a long tail like a yellow arrow and completed a 50% rise🟩
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God willing, he will do it, correct 15%🟥 and complete the rise🟩
Now it is repeated with us on a weekly basis, as it was repeated in 2020 when we reached the level of 70 on the RSI, which was corrected and then completed a strong rise.
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Now, a few weeks ago, we reached the level of 70, and it was corrected, and so far the rise of 🟩 continues
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Information = When the RSi indicator reaches the level of 70, it means that purchasing power entered and positivity began, and here you wait for the correction and enter, not exit ❌
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Unfortunately, most people understand the concept of purchasing power based on the RSi index incorrectly, and hopefully, in the coming days, I will explain it to you 💐
