elshanti

BTC.. ARE WE ALREADY IN MANIA ?

elshanti Updated   
COINBASE:BTCUSD   Bitcoin
SO FAR THE BOUNCE FROM THE BOTTOM LOOKS SIMILAR TO THE 800$ -3000K RUN IN EARLY 2017 !

WHAT IF WE ALREADY MOONING TO 100K ?
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Why we might already be in Mania ? the flash crash in november 2018 created an artificial halving effect ! the crash led to miner shakeout leaving many to mine at loss. As result the hashrate dropped significantly and then adaped quickly..
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Pick your Bubble !
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This indicator (Mayer Multiple) measures the distance of the price from the daily 200 MA .. Historically once price broke 2.4 threshold it ve gone vertical. Also note the lowers bubble highs since 2011
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during bull run 200 WMA will never let u down !
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BTC.. FOLLOWING GOLD !
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