Miners Revenue is one of my bottom catching chart.
It is in between 200 week EMA and 365 week EMA now.
Which is an area for fueling next bull market. Longer it stays here bigger the next bull run.
I was out of market since April 2021 and closed my ears/eyes to all 100K calls.
After 1 year of staying on cash finally I invested in BTC just like I planned.
I dont expect anything in short term but lets see where the market is 1-2 years later.
For your info,
BTC is on 200 week EMA which is also an area of bottoms in the past,
MVRV-Z score is very close to bottom which is a buy point
Only USDT Dominance tells maybe there will be more downside but I dont care. It will be bought right away and stay as a wick on weekly or monthly chart.
It is in between 200 week EMA and 365 week EMA now.
Which is an area for fueling next bull market. Longer it stays here bigger the next bull run.
I was out of market since April 2021 and closed my ears/eyes to all 100K calls.
After 1 year of staying on cash finally I invested in BTC just like I planned.
I dont expect anything in short term but lets see where the market is 1-2 years later.
For your info,
BTC is on 200 week EMA which is also an area of bottoms in the past,
MVRV-Z score is very close to bottom which is a buy point
Only USDT Dominance tells maybe there will be more downside but I dont care. It will be bought right away and stay as a wick on weekly or monthly chart.
