🚨🚨🚨 BREAKING 🚨🚨🚨
BITCOIN IS SHOWING THE SAME SIGNS AS IN APRIL…
THAT ENDED IN A +70% RALLY. WILL HISTORY REPEAT ITSELF?
The technical and on-chain indicators are signaling a possible floor like a few months ago.
In April, $BTC fell by -30% to $74K due to the announcement of TARIFFS… only to then shoot up to $126K.
What do the charts show?
🔹RSI (Relative Strength Index): returned to the oversold zone, just like before the April rebound. Every time the RSI hit that level, Bitcoin surged strongly.
🔹365-day moving average (365DMA): the price hit that dynamic support, which acted as a “floor” in April.
🔹Supply in Loss (%): the percentage of bitcoins at a loss reached extreme levels similar to those of the April floor.
🔹MVRV Ratio (Market Value / Realized Value): measures how over or undervalued the coins are. When it dropped to the current levels in April, marking a buying opportunity, $BTC rose after a while.
Coincidence or pattern? If history rhymes, we could be facing another inflection point.
Is a new rally coming for #Bitcoin?
BITCOIN IS SHOWING THE SAME SIGNS AS IN APRIL…
THAT ENDED IN A +70% RALLY. WILL HISTORY REPEAT ITSELF?
The technical and on-chain indicators are signaling a possible floor like a few months ago.
In April, $BTC fell by -30% to $74K due to the announcement of TARIFFS… only to then shoot up to $126K.
What do the charts show?
🔹RSI (Relative Strength Index): returned to the oversold zone, just like before the April rebound. Every time the RSI hit that level, Bitcoin surged strongly.
🔹365-day moving average (365DMA): the price hit that dynamic support, which acted as a “floor” in April.
🔹Supply in Loss (%): the percentage of bitcoins at a loss reached extreme levels similar to those of the April floor.
🔹MVRV Ratio (Market Value / Realized Value): measures how over or undervalued the coins are. When it dropped to the current levels in April, marking a buying opportunity, $BTC rose after a while.
Coincidence or pattern? If history rhymes, we could be facing another inflection point.
Is a new rally coming for #Bitcoin?