Bitcoin is currently doing exactly as I predicted. We are having our double, shallower dip before the next wind of upside kicks off.
We discussed we are at the same stage of the cycle as Nov-2024 and like clockwork we are heading into the late November / Early December double dip before a bull period kicks in.
With short term SMAX above 50%, conditions are favourable to be building more long position. IF we see SMAX >60 and 70% then this is the perfect long set up, you won't get better prices.
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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.