Quick look at accumulation/distribution state and BTC uptrends

The title really says it all. Just something I noticed. Few coins' price increases correlate so strongly with both steep increases in CMF, especially when the .2 barrier is broken.

I won't claim bitcoin will see a new ATH in the next month or two, but this is one of the few indicators that seems to be turning bullish again.

Keep in mind that the weekly MACD is just seeing a bearish crossover and we broke through the daily Ichimoku cloud straight towards hell.

The future of the king of shitcoins seems uncertain.