Re: Why I am confident Bitcoin price will still rise A LOT before the next big crash
It's really interesting that the indicator showed a peak around 60k, the lines crossed, then we have a pretty heavy dump to 47k, but now the lines are distinct again 
In 2013 and 2017 the orange line really crossed above and never looked back, but here the green line is now above again, I quickly looked at the history of this tool and I don't think this happened in the past! Very interesting. Also interesting that the author of this tool himself said on Twitter he doesn't believe we have seen the peak yet.
I am personally monitoring another indicator called the 2-year MA multiplier.
Everytime we cross above the red line, which is the 2-year moving average X 5 (green line is 2-year MA), we see a very sharp move to the upside, right now the red line is around 82k.
Just look:
In 2017 Bitcoin did almost X3 after it crossed the red line. Maybe this time only X2, who knows but I am confident we are still far from the cycle top.
In 2013 and 2017 the orange line really crossed above and never looked back, but here the green line is now above again, I quickly looked at the history of this tool and I don't think this happened in the past! Very interesting. Also interesting that the author of this tool himself said on Twitter he doesn't believe we have seen the peak yet.
I am personally monitoring another indicator called the 2-year MA multiplier.
Everytime we cross above the red line, which is the 2-year moving average X 5 (green line is 2-year MA), we see a very sharp move to the upside, right now the red line is around 82k.
Just look:
In 2017 Bitcoin did almost X3 after it crossed the red line. Maybe this time only X2, who knows but I am confident we are still far from the cycle top.