Bitcoin seems to be respecting these macro supply and demand lines on the logarithmic scale, so I'm keeping a keen eye on them.
No-one knows the ultimate bottom of course but will be interesting to see if it maintains this vector as the charts develop, also just some good visibility to be aware of.
Not financial advice, of course! :)
Also i just noticed the orange 'X' which represent volume spikes, both coincidentally marked the respective Bear Market bottoms - so does 'X' mark the spot??
No-one knows the ultimate bottom of course but will be interesting to see if it maintains this vector as the charts develop, also just some good visibility to be aware of.
Not financial advice, of course! :)
Also i just noticed the orange 'X' which represent volume spikes, both coincidentally marked the respective Bear Market bottoms - so does 'X' mark the spot??
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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.