#Bitcoin/#SPX: In search of The ATH 🔎
In the last post, I predicted when the mid-cycle peak would be, as you can see from the comment post quite accurately✍️
Now about taking the marks of the past peak (69k).
This happens about 2 years after the bottom. When RSI, after taking a mid-cycle peak, again enters the zone of overbought values in
BTC ↗️
Also, on the trend line rsi, it is quite clear how the bearish trend changes to the bullish one, on the range of the cycle 📈📉
Key levels have been added to the price chart for comparison in the 2016 cycle.
In the last post, I predicted when the mid-cycle peak would be, as you can see from the comment post quite accurately✍️
Now about taking the marks of the past peak (69k).
This happens about 2 years after the bottom. When RSI, after taking a mid-cycle peak, again enters the zone of overbought values in
BTC ↗️Also, on the trend line rsi, it is quite clear how the bearish trend changes to the bullish one, on the range of the cycle 📈📉
Key levels have been added to the price chart for comparison in the 2016 cycle.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.