MUST SEE: Here is WHY Bitcoin SOON Will Enter BULL MARKET!
Hello Ladies and Gentlemen!
I will explain you WHY, we most likely will enter a BULL MARKET soon (within 3 months). Many things are pointing in that direction.
1. The Market Sentiment is trending bullish.
-Increasing Global Market Cap
-Dropping BTC-Dominance (Other currencies are conquering more land, which historical seen is a leading indicator)
-Increasing Global Market Volume
2. Volume Analysis (We are here looking for Volume Convergence or Volume Divergence)
In general:
-IF the volume is INCREASING it SUPPORTS the trend (convergence)
-IF the volume is DECREASING it does NOT support (divergence) the trend, and we will most likely turn around.
3. That we right now is in an accumulation phase. Accumulation is a phase, after a bearish movement down, where pros are accumulating/buying up Bitcoins (or another asset) to a low price, with the idea of doing it without people taking notice or attracting attention.
In that way it's possible to make the asset go sideways and range for quite a long period of time, and the pros are able to keep buying more and more to a low price.
Already back in February I was pointing this out with this chart.
I hope it helped you guys to get an idea, why it's likely that a bull market is around the corner. Please leave a like if you loved the analysis!
Thanks in advance!
D4 Loves You <3
PS. LIKE, LIKE ;)
I will explain you WHY, we most likely will enter a BULL MARKET soon (within 3 months). Many things are pointing in that direction.
1. The Market Sentiment is trending bullish.
-Increasing Global Market Cap
-Dropping BTC-Dominance (Other currencies are conquering more land, which historical seen is a leading indicator)
-Increasing Global Market Volume
2. Volume Analysis (We are here looking for Volume Convergence or Volume Divergence)
In general:
-IF the volume is INCREASING it SUPPORTS the trend (convergence)
-IF the volume is DECREASING it does NOT support (divergence) the trend, and we will most likely turn around.
3. That we right now is in an accumulation phase. Accumulation is a phase, after a bearish movement down, where pros are accumulating/buying up Bitcoins (or another asset) to a low price, with the idea of doing it without people taking notice or attracting attention.
In that way it's possible to make the asset go sideways and range for quite a long period of time, and the pros are able to keep buying more and more to a low price.
Already back in February I was pointing this out with this chart.
I hope it helped you guys to get an idea, why it's likely that a bull market is around the corner. Please leave a like if you loved the analysis!
Thanks in advance!
D4 Loves You <3
PS. LIKE, LIKE ;)
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.