According to my weekly analysis the cryptocurrency market is going to be on sale for a few weeks
with a fairly clear pattern in his last movements. The problem would be aggravated by crossing the wonderful and highly acclaimed 100MA on the Weekly Chart.
- In this chart it has not been contemplated but the volume profiles (VPVR) at highs coincide with the local support of the 100MA and with the local top of the 20MA and 50MA for a future bullish rebound.
- The BLX Brave New Liquidity index in down cycle theory is also seen with no clear conclusion on the top of this cycle.
- And the logarithmic growth curves of bitcoin leave these possibilities well marked in a very clear environment, with the lower band coinciding with the 100MA, the middle with the 20 and 50MA, and the upper one giving a local top for a few months and ignoring the growth also exponential of this local top in about 180K.
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with a fairly clear pattern in his last movements. The problem would be aggravated by crossing the wonderful and highly acclaimed 100MA on the Weekly Chart.
- In this chart it has not been contemplated but the volume profiles (VPVR) at highs coincide with the local support of the 100MA and with the local top of the 20MA and 50MA for a future bullish rebound.
- The BLX Brave New Liquidity index in down cycle theory is also seen with no clear conclusion on the top of this cycle.
- And the logarithmic growth curves of bitcoin leave these possibilities well marked in a very clear environment, with the lower band coinciding with the 100MA, the middle with the 20 and 50MA, and the upper one giving a local top for a few months and ignoring the growth also exponential of this local top in about 180K.
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