interesting observations on btcoins price history.
--Bitcoin (blx coin) on 1W timeframe--
-aproxx every 53 bars, or 370 days before each block halving, the price finds a bottom:
(eg: oct/nov2011, june2015, and more recently march 2019 and march 2020)
Price coils inside the fractal trendlines (red and purple flag formation on 1W tf), then breaks out on/around the...
An idea with a linear chart as a noise removal technique.
First, let's address the term "Noise" , in a broad analytical context, noise refers to information or activity that confuses or misinterprets genuine underlying trends.
If we strictly speak in a technical context, noise is simply all the price data that distorts the picture of the underlying trend this...
these are just my thoughts , like you reading its a game BUT if your in bitcoin long term then use long term charts WEEKLY.
the bottoms not in, RSI weekly says we are over bought,
may is the expected halving btc so i think we can dip lower
even so im sticking to this
im jumping in soon, not yet
BTC bull will leave the shit behind, chose wise
BTC tried but failed to break through resistance, it needed to punch through like a rocket
whole crypto market cap hit 140B but is struggling to keep going.
signs are positive but the bear market is not over
volume needs more punch,
not sure its coing just yet