BITCOIN The Ichimoku Cross, a bullish sign from 2017 for BITSTAMP:BTCUSD by TradingShot

This will be a short but interesting alert that just hit my screen.

On the 1D time-frame Bitcoin just waved a strong bullish flag using the Ichimoku indicator. During BTC’s 2017 Parabolic Rise, every time the Conversion Line (blue) and the Base Line (black) crossed, the price was either in consolidation and continued the bull run, or even better it made a big bottom inside the Ichimoku Cloud and rallied.

In present day, the Ichimoku bottom was made on April 25 and the Conversion/ Base Line Cross is happening during a consolidation. With the RSI on a Divergence similar to May – July 2017, can this be the strongest bullish signal for Bitcoin at the time?

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