ATHs (all-time highs) and halving indicated with bubbles
3 macro triangles all played out with their implied direction (descending = downside break, ascending = upside break)
The green parabolic trend since genesis has provided support
Very speculative macro symmetrical triangle potentially in play (50:50 breakout). This is only shown because of the massive confluence between this, the green genesis trend line and a ~3-year rising channel (although this is a bearish formation, assets can stay in macro channels for upwards of decades +)
Blue boxes indicate price touching parabolic trend line
BTC never tested its previous bull market ceiling. This would result in the drop shown by price levels. The 40% markup is the average in price distance (above) that BTC fell in relation to the market's previous ceiling. Testing this 40% mark and rebounding could be considered a confirmation of testing the previous ceiling when the macro trend begins to change (weekly is no longer down trending).
3 macro triangles all played out with their implied direction (descending = downside break, ascending = upside break)
The green parabolic trend since genesis has provided support
Very speculative macro symmetrical triangle potentially in play (50:50 breakout). This is only shown because of the massive confluence between this, the green genesis trend line and a ~3-year rising channel (although this is a bearish formation, assets can stay in macro channels for upwards of decades +)
Blue boxes indicate price touching parabolic trend line
BTC never tested its previous bull market ceiling. This would result in the drop shown by price levels. The 40% markup is the average in price distance (above) that BTC fell in relation to the market's previous ceiling. Testing this 40% mark and rebounding could be considered a confirmation of testing the previous ceiling when the macro trend begins to change (weekly is no longer down trending).
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.