It's here, Green is finally here on the 7D BTC hash ribbons chart.
Gaussian Channel further confirming the macro bottom for upcoming bull cycle .. clearing the path for more Smart money to enter.
Guys, when in doubt, zooming out!
The green line is the lifetime fair value logarithmic channel. Despite all the turmoil, the total crypto market should not drop below $1.28 trillion. This is approximately a 22% downside from here.
The price action is usually way above the fair value. Even though the price action has been trending sideways and down since...
I have highlighted the RSI timelines where BTC stayed above the 56 and 80 levels. A little unorthodox in approach but it is speaking to me.
Now, if the actual blow off top is on 4/20/22, then that would be something crazy.
For more of my 6th sense calculations, you can find my Twitter @Loniwood
Happy hunting!
Today's flash crash may have given BTC a slight hair above the invisible trend line but when in doubt look left. I am thinking it will be BTC season and ALT season simultaneously.
