Chris_Inks

Bitcoin 2018 Bear Market v 2022 Bear Market

COINBASE:BTCUSD   Bitcoin
There is a striking similarity between the 2018 and 2022 bear markets in Bitcoin as illustrated on this chart. This is the same thing I have been discussing for months now on Twitter and YouTube while so many other large influencer accounts were screaming that it HAD to go below $12K. While there is no guarantee that the low is in yet (there are no guarantees in trading except that you WILL lose money at times), there are a number of signals that it very well may be. This is just one of them.

Break out impulsively above the weekly pivot and there should be no looking back.
Penafian

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