Bitcoin Full Steam Ahead
Bitcoin ETF flows have picked up, but if you think this represents an institutional scramble for BTC, you ain't seen nothing yet.
Bitcoin ETF flows have picked up, but if you think this represents an institutional scramble for BTC, you ain't seen nothing yet.
When these signals start to sing, you can either embrace them or ignore them. I vote for the former. If not now, then when?
A break above $80k would bring more confidence, but for the first time in over a year, I can say that things are truly shaping up.
Periods of unusually low volatility don’t last for long and soon lead to a decisive move. That could be up or down, but in Bitcoin’s case, eight out of the nine signals were up.
There’s an age-old theory by the chart watchers that when RSI diverges, it signals a change in direction.
BTC has risen back above the 30-day moving average and made a 20-day high. The worst outcome has so far been averted.