You might notice similarities in the charts, and my RSI Cross indicator, which I use on the monthly chart, had already signaled the start of the bull run. Now, the major upward phase has arrived.
Actually, this situation can be explained through both fundamental and technical analysis. Major investment funds have launched several ETFs for BTC, significantly reducing selling pressure. Technically, many indicators have shifted to a BUY signal. On the chart, you can observe volume spikes at the breakout points of the peaks, which signifies the beginning of a new bull season.
Actually, this situation can be explained through both fundamental and technical analysis. Major investment funds have launched several ETFs for BTC, significantly reducing selling pressure. Technically, many indicators have shifted to a BUY signal. On the chart, you can observe volume spikes at the breakout points of the peaks, which signifies the beginning of a new bull season.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.