BTC – DATA UPDATE (NEW TREND GREEN CYCLE)
Hello trading friends,
This is a data update depending on the last trends.
About cycle trading BTC: Since the 59K the trend BTC did show a breakdown trend. ( cycle trading means a new change into the trend that could bring BTC into new effect that will add also the FOMO effect)
Data shows that BTC are interesting since 24-03-2022 with a possible new trend start cycle starting for BTC .
This was tested with our trend indicator as ETN and other trends.
All items are based on historical trends – and same time based on new whale data.
Is there a 100% guarantee for a green cycle?
Traders know that in trading markets there is not 100% guarantee, as there could be happened unexpected trends and on this reason its very important to use the high possible riskmangement.
It’s about which side has the most chance, and at the same time it should be based on data. we all can expect a price action, but same time it’s important to connect it to data.
This update did add after this data study that shows a possible green cycle for BTC is going to start.
We can speak about a green cycle trend when the real whales enter in the trend including FOMO effect, and we have seen this more times into backtesting of charts.
Today did share with you this update about the expecting of 48K trend if this cycle become true as the data shows
It’s important to study self the trends, and to trade only depending on your setups.
The goal of this view is not a signal or trading call – but a view from the data of Watchtrend channel.
Have a great time all.


