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Bitcoin Volcano ๐ŸŒ‹ Energy vs M1

ืžืืช โ€ŽD7Rโ€Ž
ืžืขื•ื“ื›ืŸ
In this chart we see direct Bitcoin comparison against M1 money supply. Never broke the ATH and is currently sitting at a wide technical support level.

There is a important resistance range at 3.24 and secondary support level at 1.25.

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ื”ืขืกืงื” ื‘ื•ื˜ืœื” ื‘ืื•ืคืŸ ื™ื“ื ื™
Weekly volumes are looking poor. Still good time to DCA but to be careful at these levels. I think we will see new lower lows unless bitcoin regain above 47 and sustain.
Trading bellow 35k and we will see sub 28k prices.
Bitcoin (Cryptocurrency)BTCBTCUSDTechnical IndicatorsM1Trend Analysisvulcanovulcanoenergy
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