Bitcoin is, now ...
From the second half of 2017 to the first half of 2018, it became popular to the point where everyone was joining,
a huge cryptocurrency boom appeared, and many people who made big money became “millionaire(s)”
As a derivative of that, mining to excavate Bitcoin was also active at that time
I, too, had mining machines not as digital content but as actual hardware
that were sold on this GoGojan site.
Nowadays, many people may hardly hear about Bitcoin anymore.
However, this month Bitcoin secretly hit a new all-time high,
and now it is approaching 3 million yen.
The background and reasons for this rise will be entrusted to other experts,
but I wondered if this was a chart that should be rising and wanted to verify it with Mebius-UV.
Looking at the chart,❝I see❞and I was convinced.
The next chart is the BTCJPY daily chart (Click the image to enlarge).
and this shows thatthe starting pointof the recent rise occurred here.
Similarly, the moving average on the main screen also changed from red (bearish) to blue (bullish) just at that point.
For major cryptocurrencies other than Bitcoin, such as ETHUSD (Ethereum in US dollars),
let's look at it.
ETHUSD daily (Click the image to enlarge)
forming a “U-shape” and then rising.
The moving averages also just changed from red to blue.
This rise can be said to be rising as it should rise.
Although explanations and analyses in news are mostly post-hoc reasons, the chart is honest and accurate,
and I became convinced again that the chart itself forms the chart.
