InvestingScope
Long

Bitcoin's Accumulation Process. Too early or wait for Halvings?

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
On previous studies we have identified Bitcoin's Reward Phases and Cycles (https://www.tradingview.com/chart/BTCUSD...), calling the bottom upon entering a long term and frustrating Despair Period (https://www.tradingview.com/chart/BTCUSD...).

This Despair Phase we are in, where BTC investors begin to lose faith on their holdings, is when it is best to start accumulating. Some would argue that we should wait for the Halvings. Although this is a valid argument, being historically safer to enter on the Halvings, as they signal the start of the new Bull Market, there have been some earlier indicators during Bitcoin's lifespan that signal the start of the Accumulation/ Distribution phase.

Early accumulation starts when on a Monthly basis:


RSI hits 44.0000/ 45.000.

STOCH hits 9.000.

Williams%R hits -90.0000.

Ultimate Oscillator hits 35.000




At the moment all those indicators match the low signals and technically on a long term (monthly) basis, investors can start accumulating Bitcoins , before we reach the next (3rd) Halving.




** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...) to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (http://www.investingscope.com).
thank you very much
Reply
@BigHero6, You are welcome.
Reply
It's clear that youre clueless of whats to happen so why even bother posting this garbage if you're TOTALLY clueless where price is going???? You're just another loser out here.
Reply
UO not under/hit 35 yet
Reply
It is actually 34.741 at the moment.
+1 Reply
Awesome!
Reply
@Kgear117, Thank you!
Reply
interesting, thanks!
Reply
@MuMPiTz, Thank you!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out