The BTC cycle low is expected to come either this or next week (June 1-12th). A Trendline breakout is enough to confirm it but i would rather like to see a tradeable reaccumulation model. Let's see what the week brings.
Note
Note
Well, that played out perfectly, at least for now. Unfortunately, there was no valid accumulation model.Note
This cycle is now considered a failure, which is no surprise given the location and my BTC outlook. The next cycle low will be reached around August 4th.
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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.