ETrades1

$SI sending a message about $BTC?

Long
BITSTAMP:BTCUSD   Bitcoin
$SI bottomed a week before $BTC and has since shown impressive strength closing only 1 day below its 200 day EMA before rebounding, Since $SI bottomed on May 12 it is surprisingly up over 40% while $BTC is currently still down 20%.

$SI's price action since May 12 is worth paying attention to: back when $SI peaked 2.17.21, it was foreshadowing a slow down in $BTC, $SI did not confirm BTC's future ATHs and instead began a trend of lower highs. Now, I am of the opinion that $SI is telling you that $BTC has indeed bottomed at $30K and higher prices will soon be seen.
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