1. I recently posted a Quicktake saying that we are not in a bear market and did the comparison of the current cycle with the previous cycle, 2017 using the MVRV. Now, we have the full chart from the first moves to the first Halving and the 2013 cycle which is quite similar to...
current bull run that has not been reversed yet.
2. The yellow box is the best time to sell and the box in green signals the best time to buy, already below in the box in blue is a peculiar moment that happens only in bear market after hitting a top in prices near the Halving ..
The test at the main support, $30,000 was successful and a new trap was made below this level, we have not lost the wick of the last bear trap, this is very positive.
The reversal pattern in Reserves was broken quickly, with only a single inflow impulse and an attempted ...
continuation showing us that supply is at the limit.
The higher probability is that reserves are now starting to move lower, drying up supply in the long term pattern that we have been following since 2020 as shown by the red arrow.