bodhinium

Bitcoin 2D Improving Strength Snapshot

Long
bodhinium Updated   
BITSTAMP:BTCUSD   Bitcoin
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1) Strenght Profile: Finally the strength profile turned green since it turned red on April 3rd 2022, this is a bullish trend reversal.
2) Bull Bear Squeeze: Caution is needed though, as you can see, the bears are still in charge and they have not been entirely squeezed yet for the bulls to be back in charge.
3) Money Flow: The money flow is steadily increasing but is not positive yet.

For now, the Bitcoin 2D Strength Snapshot is finally improving: Strength Profile 🟢 Bears in Charge 🔴 Money Flow 🔴
Comment:
Bitcoin 2D Stronger Strength Snapshot

Followers may request a strength snapshot of any cryptocurrency, so like and follow.

1) Strenght Profile: Green and getting stronger.
2) Bull Bear Squeeze: The bears are almost squeezed and then the bulls will be firmly in charge.
3) Money Flow: The money flow just turned green and positive.

We are in a very similar situtation as on July 24th 2021 when we started a nice leg up, see chart.

For now, the Bitcoin 2D Strength Snapshot is continuing to improve: Strength Profile 🟢 Bears in Charge 🔴 Money Flow 🟢


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