As bitcoin becomes recognized as the truly only free financial vehicle out of the reach of the tyranny of corrupt governments, it is starting to create support at the 29k to 35k region. I think a another flash sell will occur because of war time fears and the it will reach for a break-out in the high 50k. As this remains the pattern on the 1 week, 1 day zero lag macd and on the Rsi respectively, I think the short term bear is over. The btc bear cycle usually runs longer but because so many institutions took highly leverage short positions for btc in december, it never go to rise to the highs that burn out the monthly Rsi and macd, so this is becoming an extended bull run that had short refresh period in it.
I used a differential analysis on the upper bound highs and lower bound lows of the zero lag macd to make predictions based on the intersections of these resistance and support lines from 2018 to present.
I used a differential analysis on the upper bound highs and lower bound lows of the zero lag macd to make predictions based on the intersections of these resistance and support lines from 2018 to present.