Long

[Bitcoin] End of bear market

Updated

Reminder of bullish factors:
- end of falling wedge
- breakout completed
- huge bullish divergences
- blue pill (Hash Ribbons indicator, not in this chart)
- bottom found (Puell Multiple indicator, not in this chart)
- reversal signal (Network Value to Transactions ratio, not in this chart)

Note

and also:
- double bottom

Note

increasing volumes

Note

Breakout still under consolidation.

Note

breakout and throwback completed

Note

List of bullish factors:
- double bottom
- end of falling wedge
- breakout and throwback completed
- huge bullish divergences
- FIBO retracement 78.6% since march 2020
- increasing volumes since june
- blue pill (Hash Ribbons indicator)
- bottom found (Puell Multiple indicator)
- reversal signal (Network Value to Transactions ratio)

Note

Very bullish news: Google partners with Coinbase to accept crypto payments for cloud services.

Note

be patient

Bitcoin_Weather

Also on:

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[Bitcoin] imminent breakout (update)

by Bitcoin_Weather

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