Bitcoin CCI weekly chart

Using the CCI indicator along with BMSB and the 200 ma I think now through feb of 2024 is a good time to accumulate. Based on the previous ath and market cycle it looks as if bitcoin may have bottomed. We will see a rise through the summer of 2023, before retesting the moving average(27K), roughly seeing a high of 45k. I would watch closing for the weekly close and if it is above 25k I would consider to deposit money, with a potential pull out in may-early june. I will continue to monitor these conditions and update with changes in the coming weeks.

this is NOT FINANCIAL ADVICE and comment if you agree/disagree or have any contributions. It would be appreciated as I continue learning about cryptocurrencies and market conditions.

(CCI is set to a length of 30)