[Bitcoin] End of bear market
Reminder of bullish factors:
- end of falling wedge
- breakout completed
- huge bullish divergences
- blue pill (Hash Ribbons indicator, not in this chart)
- bottom found (Puell Multiple indicator, not in this chart)
- reversal signal (Network Value to Transactions ratio, not in this chart)
- end of falling wedge
- breakout completed
- huge bullish divergences
- blue pill (Hash Ribbons indicator, not in this chart)
- bottom found (Puell Multiple indicator, not in this chart)
- reversal signal (Network Value to Transactions ratio, not in this chart)
Note
and also:- double bottom
Note
increasing volumesNote
Breakout still under consolidation.Note
breakout and throwback completedNote
List of bullish factors:- double bottom
- end of falling wedge
- breakout and throwback completed
- huge bullish divergences
- FIBO retracement 78.6% since march 2020
- increasing volumes since june
- blue pill (Hash Ribbons indicator)
- bottom found (Puell Multiple indicator)
- reversal signal (Network Value to Transactions ratio)
Note
Very bullish news: Google partners with Coinbase to accept crypto payments for cloud services.Note
be patient
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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.
Related publications
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.