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For several cycles, and especially this one, the Weekly Parabolic SAR has been a pretty accurate #Bitcoin    bottom indicator with each bearish flip. The Parabolic SAR dots flip to the upside or downside once price passes their mark. Bearish flips (blue arrows) normally seem... bearish, but the Weekly time frame causes this to lag and each flip has perfectly coincided with the weeks of local lows this bull market. All local lows this cycle have lined up perfectly with the first bearish flip. Will May 2024 be the 5th?

For several cycles, and especially this one, the Weekly Parabolic SAR has been a pretty accurate #Bitcoin    bottom indicator with each bearish flip.

The Parabolic SAR dots flip to the upside or downside once price passes their mark.

Bearish flips (blue arrows) normally seem... bearish, but the Weekly time frame causes this to lag and each flip has perfectly coincided with the weeks of local lows this bull market.

All local lows this cycle have lined up perfectly with the first bearish flip.

Will May 2024 be the 5th?

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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