The Market's Compass Technical View

The Market's Compass Technical View

Bitcoin, Where Are We Now?

Multi-Frame Technical Evidence Study and Pitchfork “Teach Piece”

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The Market's Compass
Jul 30, 2022
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SUMMARY

In September of last year, I posted the chart shown below to my Substack Blog. At that time the weight of the multi-time frame technical evidence suggested that Bitcoin was still in an ongoing correction

.Bitcoin / Weekly Chart

Although there was a 2-month countertrend rally early this year that drove prices higher from Median Line support near the…

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