Hash ribbon buy signal fired and global M2 money supply making new ATH. Two of the most reliable bullish indicators for #Bitcoin.
VS
Uptick in exchange reserves due to Mt. Gox bitcoin being sent to exchanges. Temporary selling pressure.
Don't be a fool and panic sell due to temporary FUD. This has always been a bad strategy.

GM 
GM 
Looks like miner capitulation is over. Hash ribbon signal soon.
In addition global M2 pushing for new ATH.
Mt. Gox panic sellers will get rekt soon.


In a fiat world, the urgency is on every government to manage the money so their zombie companies don't die and cause the economy to go into the toilet.
In a #Bitcoin world, the urgency is on companies to prove their worth to the marketplace.
Bitcoin doesn't socialize risk.
GM 
The world keeps crashing, while #Bitcoin keeps hashing.
The worlds keeps crashing, while #Bitcoin keeps hashing.
#Bitcoin is like a bootstrapping system to bring new energy sources online.
GM 
I rarely post technical content, as I prefer focusing on #Bitcoin fundamentals rather than price movements. However, the current technicals are aligning to form an extremely bullish outlook.
The weekly RSI level has often acted as a support/resistance level in Bitcoin's history. Additionally, miner capitulation is underway, which is usually followed by a hash ribbon buy signal - a historically strong indicator. There's also potential bullish divergence on both the weekly and monthly charts. Furthermore, the monthly chart is just holding above the last cycle's all-time high (candle closing, see second picture).
Those selling now will likely regret it in a few months.




