Possible patterns to notice:
- Previous 20 and 50 MACD crosses signaling the end of a bull cycle and start of a bull cycle
- Long term support line at ~6k since before BCH hash war
- 4 year topping/bottoming cycle (vertical lines at tops). All time tops for BTC volume are definitely decreasing over time
- Peaking volumes at tops, bottoms, and low volume at accumulation periods
- 14 period RSI bottoms and direction
- Long term trendline drawn from the bottom of the 2015 bear market (the price has obeyed this trend line for 4 years now
The purple wave lines are not super accurately drawn, neither are the dark blue lines.
Given some of the patterns mentioned above, the future looks pretty bright for BTC.
- Previous 20 and 50 MACD crosses signaling the end of a bull cycle and start of a bull cycle
- Long term support line at ~6k since before BCH hash war
- 4 year topping/bottoming cycle (vertical lines at tops). All time tops for BTC volume are definitely decreasing over time
- Peaking volumes at tops, bottoms, and low volume at accumulation periods
- 14 period RSI bottoms and direction
- Long term trendline drawn from the bottom of the 2015 bear market (the price has obeyed this trend line for 4 years now
The purple wave lines are not super accurately drawn, neither are the dark blue lines.
Given some of the patterns mentioned above, the future looks pretty bright for BTC.
