Measured from the past (April 2013 till now), there is a 66,6% (10 times out of 15) probability that BTC will have a correction in the range (red area) of 70-86 of the Moneyflow Index (on the 3D chart, log view).
If we exclude the bullrun yolo zone (because here everything goes crazy and indicators are often not so reliable) and only take the longterm uptrend channel the probability is 75% (6 times out of 8).
We are now at 85.2.
Full chart below since TV often squeezes the chart a bit:
If we exclude the bullrun yolo zone (because here everything goes crazy and indicators are often not so reliable) and only take the longterm uptrend channel the probability is 75% (6 times out of 8).
We are now at 85.2.
Full chart below since TV often squeezes the chart a bit:
Comment:
Did you wait?
Comment:
Getting closer.