ed4

ed4

Bear markets have one characteristic in common. Once it breaks out of that down slope, we can say the bear market it's over. For now, at the moment of this publication, it seems like just a lower high in the making. Edit: seems like after publish the angle lines are a bit off, just stretch the chart vertically and you will get the lines properly placed.

ed4

This is how is going to play out until the end of the year for various reasons: Volume is decreasing Regulations Stablecoins like Tether are under scrutiny Mining moving away from China CME gap at 18K Once the hashrate is back to previous levels and all the previous points are resolved, it'll hit new ATH. Chill and be prepared to stack. Edit:...

ed4

Run to 15K very likely, maybe a small drop of a few hundred before that.

ed4

It would be nice to check this idea in the future to see how similar the previous bull run is to the next one.

ed4

This might be the way we reach 13K before a pullback to support in mid 11Ks.

ed4

All the classes of divergences in one single image.

ed4

Similar up and down gaps, similar RSI , similar MACD levels. Might repeat again, might not, just thought I would share it here.

ed4 Updated 

Nothing else to say.

ed4

Loading up with some sweet RSI juice.

ed4

As you can see the first one became true, and BTC dropped further down. Now we see a weak divergence reversal, although weak, we might see a slow recover with still some potential to drop again.