We are looking at a chart of bitcoins entire history against the stock to flow. The stock to flow is the orange line that price action tends to follow. The green line on the lower part of the chart with the what looks like speed bumps in is the deviation of the stock to flow. Well, the deviation in the past has made moves higher almost precisely the halving. Yet...
The 2023 bear trap
AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval.
Above that we have the bear trap zone and the fomo zone A break and hold...
Here we see a chart of XHV Haven protocol on the weekly vs BTC. As we can see, every time price action gets near the 21 week moving average (yellow line) and gets above it, a vertical move follows. I have also included the Vortex indicator (VI) and the Money flow indictor (MFI) both on the bottom of the chart.
The VI; When ever the blue closes the distance and...
RIOT has Hidden Bearish Divergence ont e MACD and Classic Bearish Divergence on the RSI and I will be playing this via the March Puts at the strike of $5.5.
I admit, I couldn't stop thinking about Bitcoin the whole time I met him.
It's not technology. It's a whole fucking organism.
The origin of Bitcoin is like planting a tree.
Not only the choice of plant species (code) but also the season (launch time), soil (distribution) and horticulture (community) were important for its success Satoshi.
He had to grow...
Ethereum has been struggling this past week, however it is maintining a larger upwards trend, even now over the weekend, there has been no serious dips. Still want to see it pick up some speed some time soon, and if the larger markets decide to take another run downwards, that could be a catalyst, but we never know now do we :) I'm Long in $HIVE.V as my crypto...
All is on chart, breakout or continuation of consolidation? We'll see. Personally holding shorts and much deeper longs. Will watch for full candles to close outside of channels for confirmation of breakout, if it's the case. Have fun, be safe.
![MONABTC: TREND REVERSAL - MONAcoin [LONG]](https://s3.tradingview.com/i/I6l3rGZK_mid.png "TREND REVERSAL - MONAcoin [LONG]")
