#Bitcoin making a macro bottom.
Short-term holders supply indicates a macro bottom, comparable to the low of the 2014/15 and 2018/19 bear market, an opportunity that doesn't occur often.
Just uploaded a video on the current Crypto market crash and my opinion on where it's headed
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Since bottoming out in the depths of 2018 depression, $BTC has only seen this oversold indicators only four times at 3k, 10k, 4k, and 30k. Not long after these records were achieved, #Bitcoin rallied 340%, 17%, 1585%, 141% accordingly. Full details: https://t.co/qtlKY9tQzS
Shrimps have been buying the dip (7d moving average), hints at a v-shaped recovery.
The 2017 top (red) was marked by shrimps selling after the price started crashing.
Every full cycle #BTC has topped just over the log 2.272.
But how much over?
Turns out the linear 5.618 based on a key intracycle high/low pair has called the last two tops almost to the dollar.
This and more in my latest newsletter issue.
https://t.co/N4oE2Fxgdb
Long-term holders buy BTC into weakness and sell into strength.
We've just gotten our first red prints on LTH net position change in over 6 months, showing bull market distribution has begun.
It's here! As promised, I released complete $BTC market report. It will save lots of time & money and help you avoid expensive mistakes while getting ready for $85,000 #Bitcoin levels. Free for all. If you appreciate just share around and enjoy๐https://t.co/SY255Mr2zl
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