Weekly view of money flowing In/Out of BTC over the last couple years. Just like pre 2017 Bull-Run, Money Flow has jumped over 0 and is coming back down to test that 0 point and jump off of it (we all hope). What this says is Bitcoin needs to dip back into the liquidity bucket and refill on buys. The boxes are where I reckon that liquidity lies. Good luck.
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Here we go, price caught exactly in the Green Box and Money Flow is approaching the 0 mark. At the very least we see a relief rally here. If the Relief doesn't hold, down to the next box!
I've bought more BTC for Long Term at $6800.
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High likelyhood that we dump from where we are rn, $7500.
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Good Play! Bouncing rom the 1st green box to over $8500 would be amazing.
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Bounced from the 1st Green Box to $8800! Freaking awesome trade. CMF (indicator below chart) is following close to the predicted white arrow lines. We could still see our 2020 Halvening rally yet, though 9K-10k will be a Bear to wrestle with.
Still long until I see trouble.
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Here we are in 9k territory eyeing 10k. Keep holding.