Bitcoin is sitting in the “most low flexibility” in the monthly chart, and fascinated the most powerful cycle of cycle, according to the Crypto Analyst Kevin (Kev Capital TA). In October 1 video, Kevin is tied with One-Time in the lowest in the G4-Current Ce-cycle bands.
Kevin built his story with two high-time indicators: monthly BBW and the monthly RSI. BBW tracks the distance between Bollinger belts than planning the belts itself; Designation of widths signed strongly and sharp flexibility. “We are at the end of the brillinger band width that has been present in Bitcoin history,” he said, which summoned again and again in the meanings.
He has seen that with a monthly RSI is fine in previous phases that come out of the outside and is currently combined in what he describes as a Bull-Flag building. “At any time the Barkwidth Bandwidth Bandwidth is low as low now … every one at one time in history,” he argued.
Revealing cycle rhyme, Kevin said late 2013 and 2017, where the monthly RSI moved around 96 and 95 in order while BBW was expanded into the cycles behind previous patches. In the lower stages of the bear in the bear market, BBW fell into the rotation mountains before the new release began. In the most recent row, Q4 2023 in March 2024 is like a close RSI near the end of the RSI and have been looking good in the RSIs month …
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Analysis also emphasized the important conditions: The technical structure solves only a worm only when the Bitcoin is storing its high support. He puts the week market for the week’s market and near levels and horizontal levels. “As long as Bitcoin can hold key levels, that being a weekly market support bunda, living at 109.2k, [and] The 106.8k level, then no excuses why Bitcoin should not press over four quarter, “he said.
What should you watch now of Bitcoin
Besides the chart structure, Kevin has been submitted to Macro and Chan Chain City such as combining, not leading, evidence. In Macro, his basic case is that policy environment is a supportive: “We have a stable inflation, shiny very …
Refunds of weaker data is more than expected FOMC and signature of the FOMC, added: “We have a ratification measure in October … in December … and [possibly] In January, “and suggested that the stability of the FED value is the last as bank reserves sustaining. He was clear that our way continued to persist:
Good balance and standing, Kevin turned to the CryptMic Market Capitalization model and “bitcoin Curm.” He said the market value of the market has not exceeded the model of the model model for the cyclone.
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“Every time we passed the past in the best value of logarithmic line, you saw your big cycle movement,” he said. Her hazardous metric, with lower codes from above, currently on 0.49-0.
Exchange behavior is another pillar of her upper thesis. In the main cycle of cycle, he said, BTC’s BTC flood was built as participants were prepared for sales. “Not just that it doesn’t, but the flow of Net goes in exchange,” he said. “That is not a highest moral code. That accumulation and behavior.” The combination of monthly tightness, combining the Asmentwem, higher risk, and its out – leads to one conclusion: “If there is something continuing.”
Kevin also agrees to doubt the close to the local economic and government printers, but returned to his road balance: covering macro, technical and on-chain in view of united cycle. “We don’t rely on one place … We all put it,” he said. Under this component, you look at the top, to call the top of existing levels “will be” accompanied by all one part of the information we have used to decide only cycle only if the market proves it is incorrect.
War lines, in its application, is clear. Hold the bands all the weeks around $ 109.2k and $ 106.8k, keep Macr trajajectory support, and the history pattern of BBW solveing a powerful, final leg. Or, as Kevin put it in a queue you described his mind: “This always happened, the price moved vertical.”
During the pressure, BTC was sold for $ 118,811.
The installed image is made of dall.e, chart from Chiningview.com
