TECHNICAL ANALYSIS --> BTC/USDT had made a impulsive downmove earlier and was consolidating in a Inverted Flag Pattern since 3 months. --> BTC/USDT has given a breakdown from a INVERTED POLE & FLAG Pattern.
Bitcoin Onchain Analysis -->during the consolidatiion of BTC/USDT in a Inverted Flag Pattern since 3 months. -->In this zone MPI, Miner's Inflow, SOAB(5-7yr,7-10yr,10y), Average Dormancy, CDD made huge peaks suggesting Long-Term-Hodlers booking Profits. --> for a detailed analysis you can check it out on my portfolio by clicking the link in the comment box. ENTRY --> Take a postion when it gives 1 HR closing below 39100.