Bitcoin / BTCUSD is on a strong 1week MA50 rebound, while staying inside the Channel Up from the Cycle bottom and holding the 1week RSI Support.
Last time it did that was during the 2015-2017 Bull Cycle.
In fact it was May 2017 when the price started rising aggressively and eventually broke above the Channel Up into a relentless parabolic rally until the end of the year.
With the Cycle seemingly identical, do you think Bitcoin can do this one more time?
Follow us, like the idea and leave a comment below!!
Last time it did that was during the 2015-2017 Bull Cycle.
In fact it was May 2017 when the price started rising aggressively and eventually broke above the Channel Up into a relentless parabolic rally until the end of the year.
With the Cycle seemingly identical, do you think Bitcoin can do this one more time?
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.