Ungovernable

Bull Market Support over the Market Cycles

Short
Ungovernable Updated   
INDEX:BTCUSD   Bitcoin
We've visited the Bull Market Support Band at least three times during our last two bull markets. So far, we've yet to touch it this market cycle. There's been bearish divergence talked about for months, and it's finally starting to kick in. Plan on some ups & downs, but be ready for a revisit to the Bull Market Support Band .

Play carefully, there's more reason to go down than up for the mid-term.

S2F, S2FX, and Logarithmic Regression all points to a 6 figure Bitcoin, but it'll likely be next year.

Good luck.
Trade closed: target reached:
Touched 21 EMA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.