BITSTAMP:BTCUSD   Bitcoin
Bitcoin managed to break the monthly kijunsen(red line) during its two periods of sharp correction, but during the recent upward movement of this 26-month line, it was able to maintain the price twice, and this is an important signal to at least know that the current movement of Bitcoin is different from the previous two cycles. With this description, the conditions of Altcoins and the long-term recession of the market also seem far-fetched.

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.