On the monthly chart of Bitcoin and the analysis of its Accumulation/Distribution indicator, we can observe that the slope of the A/D line is showing some potential bottoming. Whenever the slope of EMA and SMA of the line turns positive, we can say the probability of the bitcoin bottom is very high. But all of this depends on the inflation rate of the US. If FOMC announces that the inflation is tamed and the rate goes down for the first time, a market switch could happen.
Without Risk and Position Management, You WILL Lose Money.
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.