BTC Outlook

According to LSMA , we can assume that Bitcoin has ended the bear market.

LSMA is a technical analysis tool that studies past market data, such as the price and trading volume , and uses it to predict the future direction of an asset’s price.

I have put this indicator in 2 different bear markets' ends of 2015, 2019 and the current year 2022.

2015: The indicator was in a pass between below and above the price. It finally stayed at the same level at the bottom, while price stayed above it and bear market ended.

2019: The indicator went below the price again after short cycles and bear market ended.

2022: The indicator looks thoroughly like 2015's situation, except the bottom which is similar to 2019's where was a rapid recovery. Price is currently staying above the indicator.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.