Vic on Nostr: Crabbing a bit to the right. Enough to form initial clearance "above" the downward ...

Crabbing a bit to the right. Enough to form initial clearance "above" the downward trendline that has been going since June. Compared to the last attempt at end of June/early July, we now have rising indicators improving our odds of avoiding the leg down

Mayer Multiple: .98
Bitcoin Cycle Master Ratio: 1.035
58K Gang: Enabled



#🌝

quoting
nevent1q…w5ha

Yesterday shaped up nicely into the close with higher highs being set. Posting this at about midway through the daily there is some small pullback putting price in the low 57s. We could crab sideways from here or take the next leg down to 52. Positive catalysts on volume diff, and price holding up despite the bulk selling by Germany.

Reference points...
- Mayer Multiple at about .97
- Bitcoin Cycle Master estimated about 1 - 2% above FMV
- Pending death cross on or about July 28



#🌝

nevent1q…vfrs