In 2021 I wrote about bottom for BTC.D since then effectively the same bottom has held. Can this this be the turn around? For months there has been a push away from Bitcoin in sentiment. It's old, slow, etc.. whatever reasons that get stated. Reality is it's still seeing adoption. So all it takes is a price crash in alts and narrative changes to how they were all useless and Bitcoin solves every problem. Narratives don't have to be true they just tell people what they want to hear based on their emotional state. No one wants to sell there alt coin to you at 80% loss and hear the narrative that it's going to 100x.
Both MACD and RSI on weekly chart have been showing this reversal for almost a year. While alts unlike Bitcoin have seen extreme greed on sentiment during this time.
Both MACD and RSI on weekly chart have been showing this reversal for almost a year. While alts unlike Bitcoin have seen extreme greed on sentiment during this time.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.