BTC VWAP Hand over, it failed on 4th try at the last cycle. Now 4th try is on the test this cycle now. Will it succeed this time or fail just like the last cycle? I can not predict the result yet halving and Hong Kong spot ETF approval would help to continue uptrend this time.
based on trend analysis, I bet on long when VAL and 150 MA support
Plunged enough then reversal I am long based on my view
I am not able to conclude anything but 1. there are 3 huge gap/demand in traded BTC volume - Gap 2,3 are to be filled but no one is going to get hurt - if Gap 1 is going to be filled, there must be a big dump to reach the level. 2. Bulls that accumulates BTC after 2021.1.1 are at even at this point 3. Bulls that accumulate after 21.7.1 are in deficit 4. Bulls...
I tried to catch up trends and matching level of increment using AVWAP and trend based Fibo. At this moment, price seems to retrace back to 0% level to achieve 100% level.