BitcoinLong
The Final Conclusion for Oct ~ Nov
- A crystal clear divergence on Chaikin Money Flow (and other indicators like RSI).
- Massive volume on recent corrections which can't pull the price any lower.
- MACD is green (positive momentum).
- DXY stalled at key prices*.
*Please take note that BTC does not need a notable drop in DXY to be able to pump. A midterm range market for the Dollar will open the gates for Stock and Crypto to recover.
This will be invalidated by a weekly candle close marking a lower low (bellow 17.5k).
Good luck
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