Todopoderoso

btcusd idea

Long
BITSTAMP:BTCUSD   Bitcoin
the mvrv-z indicator has predicted when btc is reached or atleast is near at a bottom out zone very accurately though out history , but it does not give an exact number for a bottom. it just shows we are at the bottom or near a bottom, for me if this support does hold this could be the bottom but if the support is lost, i think btc will go to 12k . also you can see once the line goes back above the green zone it signals the BUll run. as of now the line is in the green zone but will eventually go back up. bulls waiting for confirmation to go all in and could be very close but if you waiting on the sidelines maybe wait until it get out the green zone. this is not a trading advise
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