#Bitcoin's current cycle is identical 2011-2013 with the exception of slowing momentum. You can visually see the momentum slowing forming a rising wedge formation. This only puts the odds more in your favor that we get the 5th wave this time around as well.
#Bitcoin 3-Day
Interesting Observation: Looking at the 125SMA (midpoint between 50/200SMAs)
We can see how important this key level is
Once broken below, & then broken back above, we have appreciated massively in price
$BTC #crypto#cryptocurrency#altcoins#altseason#web3
#BTC Bullish🔥
Trading is largely statistics.
Every time BTC touched (by wick or closure) the 9-year channel base, a BIG GREEN CANDLE occurred on average 243 days later, with an average gain of 88.2%.
So, around 5 months, we may statistically expect a huge green of around 88%.
#BTC Daily Chart,
When "Stable Coin Supply Ratio" is making "lower low" , BTC likes to make "higher low" based on comparing BTC daily chart against Stable Coin Supply Ratio.
#Bitcoin in the bottom.
#bitcoin Low time frames update: Price had formed a nice double top reversal pattern with an obvious neckline retest. A clean heavy move to the downside is possible here. #BTC