Post #1090231: #Bitcoin creates, so far, the largest descending…
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#Bitcoin creates, so far, the largest descending broadening wedge in it's history. Price has always risen rapidly after that.

#Bitcoin creates, so far, the largest descending broadening wedge in it's history. Price has always risen rapidly after that.

Nov 16, 2022 05:12 PM |
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el.crypto.prof
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#Bitcoin $BTC is about to make the first golden cross of the MA20/200. This has NEVER happened before. At the same time, both bands are serving as support right now. The death cross in Sep. 2022 happened just before the FTX-Crash. It's time to #Bitcoin It seems that many have forgotten that there was a bullish MACD-Cross in the 1-Month chart of $BTC recently. One of the strongest signals in 2023, if you ask me. #Bitcoin & #Altcoins Opinion remains unchanged. Just a breather before things go really crazy. To the bears: I'll say it once and never again. You cannot compare a monthly chart with a daily chart. #Bitcoin Had told you yesterday that $BTC was testing the MA 200 (W) and at the same time touched the middle line in the Gaussian channel (see next tweet). Result: A strong bounce These are two of the most important lines for $BTC. #Bitcoin (M) $BTC is above all bands in the GMMA indicator and thebands are about to go back above This only happened in 2015 and 2019. Everyone should know what happened after that. The bear market is over. The bull market has started. Just a #Bitcoin This indicator was often right on tops and bottom areas. Every time this indicator has broken through the black line, we have seen at least a 200% increase in $BTC price. The line was broken only recently. Send it.

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