stevenplace

good move but nowhere close to what we saw in '17

BITSTAMP:BTCUSD   Bitcoin
the breakout in BTC started about 18 days ago

using the TPI, we can look at other 18-day windows to see how much we've moved.

It's bigger than the parabolic spikes in jun 2019, but still nothing like 2017

BTC has done this before, it tends to lead to a multimonth trading range

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.