$BTC T.A | Engineer | I Don't DM You 1st | Swing Trader | Beware of Scammers | No Telegram-No Instagram-No discord-No Facebook Groups/channels | Only Twitter
Oct 20, 2024 • 5 tweets • 2 min read
Thread 🧵
When Could ALTSEASON Start ??
**Post-2016 Halving**
~BTC.D = 238 days of consolidation
~Bearish candle closed below 9 EMA signaling shift in market momentum
~MACD showing Bearish Histogram reinforcing Trend reversal
~1st Feb 2017 = $BTC .D Started to Dump
#Bitcoin
**Post-2020 Halving**
~ $BTC .D experienced 237 days of consolidation
~Bearish candle closed below 9 EMA, signaling shift in market momentum
~MACD showing Bearish Histogram reinforcing Trend reversal
~1st Dec 2020 = #Bitcoin Dominance Started to dump
•When You compare the #Oil price with june month,There is Fall of Oil Price in July month
•This affects #inflation
•That means #CPI Data of #USA can come down to 8.5% to 8.8% range