BitcoinLong
BTCUSD -> Similarities of bull market
We can see many similarities in BTC chart while using some indicators.
- Gaussian Channel - during the bear market we cross it down (weekly time frame) after the peak and retest of its top.
- 20MA monthly - BTC is retesting it.
- EFI - precisely shows top and bottom with bullish divergence.
- 50% Fib correction happened.
- Gaussian Channel - during the bear market we cross it down (weekly time frame) after the peak and retest of its top.
- 20MA monthly - BTC is retesting it.
- EFI - precisely shows top and bottom with bullish divergence.
- 50% Fib correction happened.
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