it looks like Bitcoin has bottomed out on houly charts

[cvds16]

and I am going to add soon ...

 

[cvds16]

add here at ib on the hourly ... a tad premature but it looks allright... going to keep this till the figures later this afternoon.

 

[cvds16]

That didn't work: reversed to short here ...

 

[traderjoe200]

General market looks like hell. Sitting on hands until a clear signal appears

 

[The_Krakenite]

Currently, statistics show wallets holding bitcoin are growing at an unprecedented rate. And I'm not talking about just tiny retail wallets. I am referring to those who hold at least one BTC or more.

One theory is, many new players are coming into BTC just to buy-the-dip. The other, is that massive adoption of BTC is still continuing as normal.

In any case, if the Fed gets put into a situation where it has to drop interest rates AGAIN... R.I.P. to shorts.

p.s. - Due to the wide adoption going on right now, it is likely we are far, far, far away still from capitulation.

 

[maxinger]

it looks like Bitcoin has bottomed out on hourly charts
--->
it looks like Bitcoin has bottomed out on the hourly chart
and will top out soon.

3 Dec 2022 - NFEC data release
index up, btc up

6 Dec 2022 -
index down, btc down