Bitcoin (BTCUSD) seems to be at a point where it last was at the beginning of its current Bull Cycle in October 2022. And that's the point where the Global Liquidity Cycle Indicator (black trend-line) bottomed and started rising, confirming the more on Higher Lows.
This huge buy formation has been present on every BTC Cycle, usually at its bottom (but on the 2015 case, a little after) and signaled the huge monetary supply into the global markets, which translates into rising prices and rallies.
This is the first time we see the same rising liquidity formation twice in a Cycle. Can this be the driving force that BTC needs for its final and strongest parabolic rally of the Cycle towards the end of the year?
Feel free to let us know in the comments section below!
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This huge buy formation has been present on every BTC Cycle, usually at its bottom (but on the 2015 case, a little after) and signaled the huge monetary supply into the global markets, which translates into rising prices and rallies.
This is the first time we see the same rising liquidity formation twice in a Cycle. Can this be the driving force that BTC needs for its final and strongest parabolic rally of the Cycle towards the end of the year?
Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
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.