BTCM Rogue Channel
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Bitcoin news and macro discussion from the mind of Rebel Bitcoiner - Ansel Lindner

bitcoinandmarkets.com
roguemacro.substack.com
X: @AnselLindner ; @RogueMacro_
YT: youtube.com/@btcmarketupdate

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Consider two charts...
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💢PMI accelerates to 54 in May
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China's oil imports have crashed by 6 mmbpd.
💢I think this is a major bottom forming.

All the people who said bitcoin was heading to $62k were right.

It's currently MASSIVELY oversold down to 18 RSI on daily.
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This guy mapped out all the events of this Iran conflict.

I don't think this is causative at all.
IF THIS ISN'T THE BIGGEST BOUNCE IN BITCOIN HISTORY I MIGHT RAGE QUIT
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STHs are sending bitcoin to exchanges. We need a big market bidder to keep this from going sub-60
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The dollar has finally broken out.
Bitcoin has only had a lower daily RSI on 7 days.
Six were in Nov 2018. One is March 2020. And today. Right now it's 15.62
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Interesting. The four ideologies of bitcoin.
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💢My dry powder is gone.
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