Hello Ladies and Gentlemen!
I will explain you WHY, we most likely will enter a BULL MARKET soon (within 3 months). Many things are pointing in that direction.
1. The Market Sentiment is trending bullish.
-Increasing Global Market Cap
-Dropping BTC-Dominance (Other currencies are conquering more land, which historical seen is a leading indicator)
-Increasing Global Market Volume
2. Volume Analysis (We are here looking for Volume Convergence or Volume Divergence)
In general:
-IF the volume is INCREASING it SUPPORTS the trend (convergence)
-IF the volume is DECREASING it does NOT support (divergence) the trend, and we will most likely turn around.
3. That we right now is in an accumulation phase. Accumulation is a phase, after a bearish movement down, where pros are accumulating/buying up Bitcoins (or another asset) to a low price, with the idea of doing it without people taking notice or attracting attention.
In that way it's possible to make the asset go sideways and range for quite a long period of time, and the pros are able to keep buying more and more to a low price.
Already back in February I was pointing this out with this chart.
I hope it helped you guys to get an idea, why it's likely that a bull market is around the corner. Please leave a like if you loved the analysis!
Thanks in advance!
D4 Loves You <3
PS. LIKE, LIKE ;)
I will explain you WHY, we most likely will enter a BULL MARKET soon (within 3 months). Many things are pointing in that direction.
1. The Market Sentiment is trending bullish.
-Increasing Global Market Cap
-Dropping BTC-Dominance (Other currencies are conquering more land, which historical seen is a leading indicator)
-Increasing Global Market Volume
2. Volume Analysis (We are here looking for Volume Convergence or Volume Divergence)
In general:
-IF the volume is INCREASING it SUPPORTS the trend (convergence)
-IF the volume is DECREASING it does NOT support (divergence) the trend, and we will most likely turn around.
3. That we right now is in an accumulation phase. Accumulation is a phase, after a bearish movement down, where pros are accumulating/buying up Bitcoins (or another asset) to a low price, with the idea of doing it without people taking notice or attracting attention.
In that way it's possible to make the asset go sideways and range for quite a long period of time, and the pros are able to keep buying more and more to a low price.
Already back in February I was pointing this out with this chart.
I hope it helped you guys to get an idea, why it's likely that a bull market is around the corner. Please leave a like if you loved the analysis!
Thanks in advance!
D4 Loves You <3
PS. LIKE, LIKE ;)
