Bitcoin has flashed an important high timeframe buy signal on the Vortex Indicator. Find out why this suggests a storm of buying could be brewing in crypto — and why it could soon suck up everything in its path.
Forecasting A Storm in Crypto
Like a meteorologist can with some degree of accuracy forecast the weather, a technical analyst can increase the probability of predicting price movements.
Both fields rely on on watching for potentially cyclical behavior, repeating patterns, seasonality, and historical trends. But instead of classifying cloud formations, technical analysts rely on Ichimoku clouds expanding and contracting with volatility, or other similar tools.
Yet another technical tool related to the elements, the Vortex Indicator, says that Bitcoin buying season is around the corner, and once it starts, it could suck in everyone that’s sidelined and then some.
About The Bitcoin Vortex Indicator
The 1M Bitcoin Vortex Indicator has crossed bullish. According to Wikipedia, a
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