Positive divergence with FVE, CMF, OBV, and price as described at: mkatsanos.com/finite-volume-elements/
The crypto greed and fear index rapidly oscillated to "Fear" from "Extreme Greed" just last month. Fear = buy indicator & Greed = sell indicator. Can be seen at alternative.me/crypt...ear-and-greed-index/
Even though there is strong correlation to stock markets (especially the Nasdaq Composite), BTC also serves a safe-haven status during times of duress and uncertainty.
BTC has strong short to mid-term support at the ~$10k level.
All of the pumps are primed, and it would take a serious blow to derail BTC's course.
This also means increased volatility, so set your stop losses much, much lower than 2% so the market movers can't steal your sell at a rock bottom price immediately before it shoots back up again. Play the long game on low margin or no margin. Don't give into the emotional stress if BTC briefly dips because it ALWAYS recovers (and then some).
The crypto greed and fear index rapidly oscillated to "Fear" from "Extreme Greed" just last month. Fear = buy indicator & Greed = sell indicator. Can be seen at alternative.me/crypt...ear-and-greed-index/
Even though there is strong correlation to stock markets (especially the Nasdaq Composite), BTC also serves a safe-haven status during times of duress and uncertainty.
BTC has strong short to mid-term support at the ~$10k level.
All of the pumps are primed, and it would take a serious blow to derail BTC's course.
This also means increased volatility, so set your stop losses much, much lower than 2% so the market movers can't steal your sell at a rock bottom price immediately before it shoots back up again. Play the long game on low margin or no margin. Don't give into the emotional stress if BTC briefly dips because it ALWAYS recovers (and then some).
Comment:
I think +270% qualifies as explosive. Mission accomplished.