Is the Bitcoin bull-market over?

Key Takings

  1. Technical analysis: TA indicating slowing and potential bottoming of downward trend. Move above MA 200 levels would confirm that direction. Bottom forming to be watched carefully, since price is still below two crucial supports. (neutral)
  2. On-chain analysis:
    a) Institutional investors accumulate Bitcoin besides recent price drop (bullish)
    b) RHODL ratio indicates that…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tiuri Ventures

Tiuri Ventures

Tiuri Ventures focuses on investments in the #crypto space. The information and publications do not constitute financial / investment advice #bitcoin