Wall Observer Bull/Bear Index - BTC price tracking and speculation thread

Wall Observer Bull/Bear Index

Whenever there is a significant change in market price or depth, please feel free to update this thread with new charts or comments. TA, FA and other types of analysis are all welcome, feel free to participate if you have something worth while to contribute.

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Bitcoin continues to accumulate and consolidate at $8k. My thoughts on this are, if a upwards move does not happen soon then we will retest lower lows. Cloud cover(resistance) is thin above us but we are still in "bear" mode. Until the market can figure that out and adjust I think sideways and then downward is the most likely path.

Bitcoin is back to sideways as accumulation continues in the short term.

In the mid term bitcoin is still searching for liquidity.

Long term looks ok..I am concerned the longer we stay at these levels though.

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