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No one actually understands how bullish this is

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First - for the more obvious bullish divergences on OBV, RSI, & MFI.
I had a hell of a time trying to find anywhere with a similar divergence [bull & bear market]
But the places that I did find them had a massive pump following
תמונת-בזק

Additionally, you're probably confused about the TLT chart.
These are 20 yr bonds that fluctuate more or less with the strength of the dollar, interest rates, and yields. These values are very telling when it comes to determining the 'health of the economy'.
Knowing that, I was able to give data to the health of the economy and put it against the market cycles of Bitcoin to see what kind of environment it needed to grow.
I noticed a pattern and certain conditions that must be met for Bitcoin to surge. Take out one of these characteristics, and you don't have a green light for a full blow bull market.

Condition #1: Massive sell-off of the TLT bonds followed by a relaxed recovery [2012 Obama reelection, 2013 taper tantrum, 2016 Donald elected]. This lights the fuse.
Condition #2: Volatility of these bonds [health of the economy] must be in check. Any massive fluctuation after the fuse is lit will put it out. These are represented by the little dots from an indicator called a VSTOP [A unit of Average True Range based Volatility]. The Inception of Bitcoin followed the 2008 crisis, so the switch in VSTOP is backwards, but still relatively illustrates correctly.
Condition #3: The underlying data responsible for the TLT price action must follow a particular pattern. I've measured this with a moving average and smoothed moving average crossing of the TLT's RSI [combined measurement of volatility & magnitude] Similar to a death cross or golden cross. Green above red signals this 1 of 3 conditions true.

So, to determine the start and end of a Bitcoin bull-market, the green must be above the red, and the VSTOP must be in the gold [minus the inception but why wouldn't you buy BTC at .01].

With all of this, it appears Bitcoin is far from done pumping.


Thanks :)
עסקה סגורה: היעד הושג
50k Reached - no clear trajectory at the moment

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