With this as motive, I thought it would be productive to accumulate the strongest long term indicators on Bitcoin . And I have come up with a combination that has never failed on its historic price action!
** The Blue Price Line is the Stock-to-Flow indicator that represents Bitcoin's Fair Value. Before each Halving this touches the actual candle sequence and then aggressively gaps upwards just a few weeks before the Halvings. What follows is (essentially the start of the new bull market) a logarithmic rise on the actual value which as some point breaks the Fair Value and becomes overbought towards the bull cycle's peak (and new ATH ).
** Once the price breaks inside the , it never looks back and each Low is higher. In the previous 2 bull cycles, every time the price broke inside the , it touched the Stock-to-flow price line. After that test, the price managed to break above the , but the Stock-to-flow price line worked as a Resistance (until roughly a couple of months before the peak).
** Every time the price is doubled from the Bottom it makes on the parabolic curve (Bottom X 2), it never makes a new low. This is perhaps the strongest indicator on Bitcoin's historic .
The combination of the above criteria is projected to take place within July - October 2019. Until then it is best to keep accumulating.
Do you agree with these indicators? Do you have a better long term buy signal? I welcome every argument on the comments section!!
As usual take a look at some related material on BTC:
Take care of this great trap
And now EMA100 1W resistance(5750-5850)
And we are facing the strongest resistance to Bitcoin history!
A resistance that hits it equals a huge drop that will hold everyone to finger
Everything will happen in a few hours and we'll see that we've fallen 30 to 40 percent!
Also, Altcoins will experience a fall to their Lower price in 6 month ago
Until now, all the only fraudulent companies manufacturing a miner machine have been behind this pomp,Who can sell their devices! and their money is over and there is no new money to inject and enter the market.