It is simple comparison of the bitcoin with its volatility index, as we normally do for all the stocks ,Here it is for Bitcoin.
Interpretation :
Every time The Index line is high above the Bitcoin price ,Huge Bulls are controlling the price right after this formation.
Index line is below the candle , Price is falling ,it usually spans week to month .
Interpretation :
Every time The Index line is high above the Bitcoin price ,Huge Bulls are controlling the price right after this formation.
Index line is below the candle , Price is falling ,it usually spans week to month .
🌳LBLS,PM Indicator: bit.ly/2DJVXDn 💚
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🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: www.t.me/wealthworldmajic
🎯web: www.wealthgeo.com
🟠twitter : twitter.com/marxcbabu 💲