Bitcoin
Long

Lowest MFI has been since November 2018

159
I'm expecting a continuation of the bull market. MFI is getting very low, showing what appears to be a hidden bullish divergence.

On a bearish perspective, you could argue that we are in a descending triangle. I do not see the oscillators agreeing but I would be careful.

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.