CryptoCheck-

Bitcoin - THIS INDICATOR calls the TOP

BITSTAMP:BTCUSD   Bitcoin
📉Hi Traders, Investors and Speculators of Charts📈

It's always good to refer back to the MACRO trend when watching BTC. From a macro perspective; we're definitely overdue for that proper bull-cycle correction - also important to keep in mind the halving coming up in April.

We can confirm this bias by taking a look at a very specific indicator called the Balance of Power. Historically, on a macro timeframe, this indicator has been great at calling local tops and bottoms.

If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.

_______________________

📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍

CryptoCheck

BTCUSDT

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.