⚡️ #BTC OUTLOOK - 19/07⚡️
60:40
Bullish: Bearish
Been keeping an eye on the Pi Cycle Indicator recently and it looks like the bottom has come in. This thing has called a perfect top consistently.
Like with all TA and Indicators nothing works 100% of the time....but so far this has worked 100% of the time.....so as always in trading probability is pretty much your only companion.
Check this one out - it is a free indicator on Tradingview search "Pi Cycle Bitcoin High/Low" by NoCreditsLeft - give it a like too for making an awesome tool!
Coupled with the timing between the halving's and also a big buy signal on the Alpha Wave on the Weekly we could be looking at a potential bottom.
Excitingly also S&P500 showing buying pressure
🔸 S&P500 corporate insiders are in the heavy buying zone.
🔸 This has historically led to very attractive returns in a 6-12 month time frame.
BTC is and has been correlated with the S&P - so this will likely spill into BTC. Very promising signs
*Data not verified so please DYOR
60:40
Bullish: Bearish
Been keeping an eye on the Pi Cycle Indicator recently and it looks like the bottom has come in. This thing has called a perfect top consistently.
Like with all TA and Indicators nothing works 100% of the time....but so far this has worked 100% of the time.....so as always in trading probability is pretty much your only companion.
Check this one out - it is a free indicator on Tradingview search "Pi Cycle Bitcoin High/Low" by NoCreditsLeft - give it a like too for making an awesome tool!
Coupled with the timing between the halving's and also a big buy signal on the Alpha Wave on the Weekly we could be looking at a potential bottom.
Excitingly also S&P500 showing buying pressure
🔸 S&P500 corporate insiders are in the heavy buying zone.
🔸 This has historically led to very attractive returns in a 6-12 month time frame.
BTC is and has been correlated with the S&P - so this will likely spill into BTC. Very promising signs
*Data not verified so please DYOR
