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BTC/USD - Long Term Analysis (Stoch RSI, Monthly)

Long
Bitcoin Liquid Index (BNC:BLX)  
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BNC:BLX   Bitcoin Liquid Index
Trend Analysis Technical Indicators Bitcoin (Cryptocurrency) BTC bitcoinusd Cryptocurrency crypto cryptocurrencies Bullish Patterns
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trendanalysis indicator bitcoin btc bitcoinusd cryptocurrency crypto cryptocurrencies bullish
I made a analysis on the Bitcoin chart with Stoch RSI.

We got three Channels/Trends:
  • Bull Market: The Stoch RSI go between 100 and 80.
  • The Stoch RSI go between 80 and 20 during a Trends Transition.
  • Bear Market: The Stoch RSI go between 20 and 0.

The trend transition occur when the oscillators enters a new channel.

This is just to show you how early we are into the bull market.

Best regards,
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