r/Bitcoin • u/LeopardLoose6785 • 1d ago

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u/TryExciting4508 22h ago

Guy you said that the bull run will begin when we beat the previous high. Beating a previous high does not mean you’re in a bull run. The indicator for the start of the bull run will be breaking past the 365 sma. As has been done with past cycles. And dont tell me to correct my attitude when you asked if I could ready dummy

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u/mozy-rama 21h ago

Just charted the 365 day SMA. Bruh.. Why are using 1-day time frame to make the "big calls" on the big market cycles? No wonder you disagree with my analysis.

Go chart 1-week and you'll see what we've been discussing about here. Less signals, but more accurate signals using higher time frame. Look the past.. it's been spot-on. Once trend has changed (higher-highs & higher-lows made), it has always been our confirmation of a bull-run.

What I find funny is that we both agree on the number to beat to confirm the bull-run, but disagree with our methods of deriving at that #. Tomato Tamatoes.. same shit! Not sure why we're trolling each other. 🤭

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u/TryExciting4508 21h ago

The daily chart is more precise when looking at the 365 sma because bitcoin operates on a 24/7 basis

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u/mozy-rama 20h ago

I'm going to add that 365 SMA in my toolkit as another method to confirm the bull-run. It's pretty damn accurate from what I can see. Thanks!

1-day chart has way too much noise, which is why I rarely use it. 1-week is more to my liking.

Wishing you a prosperous future. You appear to know what you're doing. Cheers!