Is this what you expected to happen? After last week's rejection from the 50 Week SMA, bitcoin:native dumped to $77k, and triggered an MTF Mean Reversion signal. Over the weekend, price rallied back up to $79.4k to liquidate another cluster of shorts before fading back down below the Timescape R/S Flip Line at $78,380. At the weekly close Trend Precognition produced a new short signal. While we wait to validate that signal, we are also looking at tonight's Monthly close to see if Trend Precognition gives us any more insight to how momentum may develop in September. Do you think September will be red or green?
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