The #Bitcoin Long Term Holder NUPL is surging up as investors enter profit
The bear market is now long in the past
There is still a long ways to go before reaching the mid-top line where the cycle takes an intermission
The trend is your friend, and the trend is up!
US MARKET Weekly chart Update
There is weakness in the US market but signs are different in the weekly
🔸DOW and S&P 500 are both back above the Weekly MA 200.
🔸All US index DOW, S&P 500 and Nasdaq are showing Bullish RSI divergence.
🔸A Bullish Stoch RSI crossover on weekly chart.
🔸DXY chart is showing bearish divergence which can be good for Stocks.
The US market is currently weak but weekly chart indicate that the market is not ready for a sharp dump.
SP500 Weekly EMA200
🔸 The S&P500 closed below the weekly EMA200. This is not looking good for the market and crypto in general
🔸 We might see another volatility for Bitcoin downward if the S&P500 does not recover
#Bitcoin#crypto#Etherum#cryptocurrecy
#Bitcoin Daily Trading Volume on Exchanges Goes down which is not good Sign for Crypto Market.
We may see a big Move in Upward or downward Side.
Keep Eye on $37500 - $38000 which is Good Position for Bounce Back!
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