Operation_Morning_Star

Bold call on BTC (1 month reference)

Long
BITFINEX:BTCUSD   Bitcoin
1-month reference since April 13, 2022.
New Low Critical Point $38 460,51 USD which is the start of the next upcycle long play position.

Comment:
*****
Vs. Total Market Status:

Coins: 13 039, 1.2423% growth in the number of total coins/tokens, with 158 new coins/tokens added (since April 8, 2022).

Total Markey range is between April 13 and today April 16, 2022 (@ 17:00):

Market Cap B USD
High_________MC$B spot________Spot Swing % between H/L___Low
$2219,03 B____$2 005,55 B USD___10,44%____________________$1980,66 B

24H Change %
High______24H %____Swing % between H/L____Low
5,44%_____-0,33%____58,02%________________-8,30%

24H Volume$ Change B USD
High______V$B_____Swing % between H/L_____Low
104,76____48,82____0,00%__________________48,82

24H V$ / MC$ (Turn)
High______24H %____Swing % berween H/L_____Low
5,070%____2,4342%___0,0009%__________________2,434%

BTC and ETH dominance
______High_____Spot_____Swing % H/L_____Low
BTC__38,37%___38,13%____83,33%_________36,93%
ETH__18,37%___18,17% ___ 75,31%_________17,56%
Comment:
CURRENT TOTAL MARKET STATUS:
The reference period is from April 13th, 2022 @ 16:15 (1 month).
Status of the current market:
- Total Market Cap B USD is on the low end for this period (@ 10,44% of range).
- 24H Volume$ Change B USD (Turn) is on the very low end for this period (@0,000%). NEW 1-month low !!!
- BTC and ETH dominance is on the higher end of their relative ranges.
Comment:
1 Month Fib R since April 13, 2022.
In a nutshell, BTC is in ''oversold'' territory since April 11th, 2022 @ 4:00 am.
Strong long buy-in at current technicals.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.