Good day to all!
On a weekly chart of Bitcoin prices, I tried to note which international holidays was the catalyst for the rise or fall for each individual week taken from the beginning of the bull market.
Thus, you can understand which holidays in 2019 were in a bearish mood :) and which ones were in a bullish mood :).
I wish you all good luck and a good...
When considering the monthly price chart for BTC + if we consider that this a bull market, then I came to two conclusions:
Between After the market reversal in 2015 and the end of the bull rally in 2017, the monthly candles closed 5 times one by one between green candles and only 1 time we had a presence of 2 red months on the market.
For a long time at the...
In this review, I consider only the weekly chart, which is more interesting to me. If we proceed from the logic that this is a common correction in the bull market, then it is worth looking at the RSI and MACD on the weekly chart:
In 2017, with the usual correction in the bull market, RSI weekly support was around 52-53.
The MACD is approaching the...