BTC Bubbles Bottom Below the 20 Months Moving Average
Bitcoin monthly chart.
Every time BTC went in bubble territory (see RSI) it topped and it didn't find a bottom until it breached the 20 months moving average and reached a level approximately 50% below it.
I'm excluding March 2020 flash crash (the DSS also suggests that was a special occurrence)
Every time BTC went in bubble territory (see RSI) it topped and it didn't find a bottom until it breached the 20 months moving average and reached a level approximately 50% below it.
I'm excluding March 2020 flash crash (the DSS also suggests that was a special occurrence)
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