Bitcoin Cycle Accumulation Zones -150W & 200W SMA [CYCLE 1]
Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone.
Historically, once BTC has broken the 600D SMA, price migrates to the 150W SMA and eventually the 200W SMA which prince then becomes range bound. This area for Cycle 1 and Cycle 2 have shown great accumulation opportunities for long term investment.
RE ACCUMULATION ZONE TIME FRAMES ANALYSIS * See post 'A Critical Analysis of the 200D (Aqua) & 600D (Teal) SMA' for discussion
KEY CHART ITEM LEGEND * TEAL LINE (LIGHT BLUE) - 200D SMA * AQUA LINE (DARK GREEN) - 600D SMA * GREY LINE - 150W SMA * NAVY (DARK BLUE) LINE - 200W SMA * Navy Box - Re accumulation Zone Time Frames
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.