Provided BTC doesn't close over $43,000 this week, the first ever TD Sequential 13 buy count in Bitcoin history on the weekly chart will print.
There have been 7 weekly 13 sell counts since 2011. Many of these occurred mid way through parabolic moves upward.
The closest there has been to a 13 buy count are as follows:
Since there isn't any historical data to compare to in regards to a 13 buy count on a weekly basis, we will have to strap ourselves in and see what happens.
There have been 7 weekly 13 sell counts since 2011. Many of these occurred mid way through parabolic moves upward.
- 7 January 2013 - $13
- 7 October 2013 - $131
- 6 June 2016 - $665
- 6 March 2017 - $1.2k
- 30 October 2017 - $7.3kmid way through parabolic run
- 27 July 2020 - $11kstart of post-COVID dump parabolic run
- 5 April 2021 - $59.3kthe top
The closest there has been to a 13 buy count are as follows:
- 19 January 2015 - 11 count - bottom of the bear market on a closing basis
- 24 August 2015 - 10 count - start of the turn around into the multi-year bullrun
- 29 January 2019 - 11 count - bottom of 2018/19 bear market
Since there isn't any historical data to compare to in regards to a 13 buy count on a weekly basis, we will have to strap ourselves in and see what happens.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.