A simple mapping of the divergences in price of Bitcoin in relation to the Money Flow Index.
Comment:
-Numbered GREEN circles signify ENDINGS to bull markets
-RED circles signify CORRECTIONS to bull markets
-YELLOW circles signify BEGINNINGS to bull markets
-GREY circles signfiy CORRECTIONS to bull markets. HOWEVER, they COULD signify possible endings to the bull market (this does not accomodate prior data)
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-RED circles signify CORRECTIONS to bull markets
-YELLOW circles signify BEGINNINGS to bull markets
-GREY circles signfiy CORRECTIONS to bull markets. HOWEVER, they COULD signify possible endings to the bull market (this does not accomodate prior data)