FROM DEATH CROSSES TO A GOLDEN OPPORTUNITY: ANALYZING BITCOIN'S PATH FORWARD

August was one of the most volatile month’s Bitcoin has had in a while. A July 29th rejection from the 2021 Top which led to a cascade that was punctuated with the August 5th selloff to $49.5k, a series of Death Crosses on the D chart, and now the first ever Golden Cross between the 100 MA and 200 MA on the Bitcoin Weekly chart.

Now September is shaping up to be even wilder.

In this BTC analysis, in addition to analyzing Bitcoin order book and order flow data in FireCharts, I’ll look at Trend Precognition for new clues on the W and M charts, and illustrate how we got to this point, and what needs to happen before Bitcoin can have a sustainable breakout rally to ATH territory.

Opinions Only. No Financial Advice.

🔥 For more info on FireCharts and other tools click here https://mi1.pw/kayt2mi