Significant Confluence for Bitcoin to 20k. Change my mind.
3d Money Flow Index going Red
Following the 3d chart further from my previous idea, you can now see the money flow index is about to cross over into the red. Historically, this has only happened four times in Bitcoin's history and each time has been followed by a massive dump.
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Fresh red dot on the 12hr, money flow is in the red, VWAP is trending down, and most importantly blue momentum waves are leading down.
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Beginning Elliott Wave C on the 3D chart suggesting a 38k point of dump with an end target of 20k. Yellow bars added for length comparisons of waves A and C.
Fresh Blood Diamond on Daily