Bitcoin : I think it's a little early for Short !

Hello.
I think that short position will not be brought to the agenda without ensuring permanence under the green trend line for Bitcoin.

Cryptocurrency Terminal :

Comment

Hashrate and Bitcoin Total Transactions data seem healthy.

In general, we can say that Blockchain data is above average.

We bring short positions to the agenda when a few bars below the green trend line are permanent.
Let's notify each other.
Regards.

Commentaire:

Hashrate and total transactions should drop a little more, if it is permanent in case of green trend line, it will be healthier to try short.

Commentaire:

Hashrate dropped but Bitcoin Cost Per Transaction Change is still positively strong.
So i still think it's early for short.

Commentaire:

Last 33 week Bitcoin fall and relative blockchain data change :

* Average Block Sİze is still relatively so high
* Hashrate Change is still relatively so high for Clear Short Position.

Commentaire:

Typo : Last 33 days

Commentaire:

Last 115 bars :

* Hashrate change needs to drop a little more.
* Bitcoin Cost Per Transaction must exceed 0 and be a strong value.

Miner Revenue has fallen about 50%, that's good for Short.