BTC recovery upcoming and possibly resuming of upward momentum
Stochastic and trend line clearly indicates a recovery of prices in BTC and if one were to look at 1 day time frame of BTC, it is possibly that upward momentum may resume as MACD look mildly bearish with little challenge from bulls easily overcoming it.
Note
digitalik.net/btc/BTC stock to flow ratio model
As of now, we have entered the upward trend according to BTC stock to flow ratio model. Upward trend for BTC likely as historical data suggests.
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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.