Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
We are at a macro Crypto bottom.
It's not even my opinion, it is just what the data says.
Here we have BTC/GOLD, currently at oversold bear market bottom levels.
We can clearly see that Bitcoins cycle lows are marked by BTC/GOLD cycle lows... and Bitcoins cycle highs are marked by BTC/GOLD cycle highs.
Each peak is also market by overbought RSI.
This chart right here, without doubt, proves that this cycle has been different.
Never before has Bitcoin behaved in the way in which we see on this chart for this cycle.
And this all lines up with my overall liquidity analysis being the main reason for this difference.
The good news guys is that we really have very likely bottomed.
BTC/GOLD put in a clean 5 waves up, and has completed a corrective HTF A-B-C over the last 13 months, bringing up to technical bear market lows.
What do the 4 year cyclorrsss and the guys who say we are entering a prolonged bear market have to comment on this?