Since the last daily update bitcoin has gone into “flat mode” (kama efficiency ratio below 0.30), in this mode you can expect the oscillators to work fairly well so that the widespread stochastic oscillator gave you a nice buy signal a few days ago.
I believe that today or tomorrow at the latest bitcoin is going to recover the Kama average at $35,900.
It remains to be seen in which direction the kama efficiency ratio will confirm the next trend on the daily chart considering that the situation on the weekly remains a bit unfavorable to the bullish while the monthly one is not, as I said in the previous long term update of January 19.
Bitcoin Trading Ideas, Analysis 
Thanks for the update. I am curious, do you tend to watch stochastic oscillator on the daily or which time frame for a good signal? Thank you
Hi, it’s the hardest part of this job, to understand which timeframe will follow traditional indicators/oscillators with standard settings.
Honestly i don’t consider any oscillators i tend to work with just the price, perfect timing is hard to achieve, hard but not impossible. Theoretically the best oscillator should be the inverse fisher transform rsi, you should find it with tradingview.
Hello. Very nice blog and very accurate analysis ! As a long time investor in bitcoin, i joined it in april 2013 but unfortunatly lost everything on MTGox hack. May be some to be recovered but still waiting (it has been a 7 years wait till now)… I was so upset by this unfortunate adventure i never got back to BTC. But now, as the Instutitionnals seems to get in i plan to get back on the game.
As i would not miss this new (3rd one) uptrend, i would like to know from your point of view at which price do you considere a good buy opportunity ?
Thank you !
Get in with 50% of what you have in mind to buy, don’t stay out and risk missing an opportunity.
You can enter with the other 50% when there will be a reversal on the support zones that I identify with the Kama indicator and its price deviation bands. Today this support zone ranges from 26,000 to 29,500 usd.
Many thank’s for the advice and the prompt reply.Will do it.
i hope you did it, new uptrend confirmed on the daily chart.
Hello. Unfortunatly i wasn’t able to do so at that time but now i am in a good position to buy some BTC… Do you think the correction will last for some times or should i buy now ?
Thank you again for your precious help.
Fred
Honestly I’m a bit undecided, it’s true that btcusd is back above the monthly Kama average but the strong correction started gives me doubts. I would wait and navigate by sight on the daily chart to look for an entry point. There is a price zone between 39500$ and 43000$ that could contain the next low on the daily chart.
Thank you for your reply and always very accurate view on this market. I finally put 50% of what i projected to invest. Wait for an better entry point (if possible..) for the other 50%.