[Monthly] In times likes these we really need to zoom out.
Is #BTC getting ready for a sicko bull run?
I think so
1) Stoch RSI is getting very low, if not already reached bottom and getting ready for take off
2) Reg RSI is looking to bounce of 56 RSI(bullish) and rocket off with a nice W formation
3) We've been getting higer lows consistently over past few months. While the last bear market lasted 2.5 years that was when the market cap and amount of money and interest in the market was low
I think this could be end of bear market in the next coming 2 months easily seeing how much interest is being generated on a global scale.
Also if you look at 1 DAY 1 WEEK charts you will see very similar out look. Many W formation along with low stoch+reg RSI's
I think so
1) Stoch RSI is getting very low, if not already reached bottom and getting ready for take off
2) Reg RSI is looking to bounce of 56 RSI(bullish) and rocket off with a nice W formation
3) We've been getting higer lows consistently over past few months. While the last bear market lasted 2.5 years that was when the market cap and amount of money and interest in the market was low
I think this could be end of bear market in the next coming 2 months easily seeing how much interest is being generated on a global scale.
Also if you look at 1 DAY 1 WEEK charts you will see very similar out look. Many W formation along with low stoch+reg RSI's