opt9

the anatomy of the long term Bitcoin trend for last 10 yrs.

INDEX:BTCUSD   Bitcoin
small twins - big twins - 1st drop - double bottom is the basic structure.

it seems to be that weekly 50, 100, 200, 365 EMA play the important role.

please check the RSI weekly, too.

If we compare this chart with BTC vs. DXY chart, we can get some interesting insight for the long term BTC trend.
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.