Hello everyone,
Let me start off by saying this: This chart is by no means a reflection of future price action. Instead, it is meant as a comparison between Bitcoin's current and past cycles.
My primary goal is to show that things are very different this time around (surprise).
Bitcoin's five-month, 320% rally was anything but a good thing.
It forced the correction to be more severe. A monthly equilibrium is now likely to happen. Forget any thought of straight continuation after this correction is over.
Bitcoin is in for a long recovery period.
Happy trading and remember:
There's a difference between knowing the path and walking the path - Morpheus_RED
Let me start off by saying this: This chart is by no means a reflection of future price action. Instead, it is meant as a comparison between Bitcoin's current and past cycles.
My primary goal is to show that things are very different this time around (surprise).
Bitcoin's five-month, 320% rally was anything but a good thing.
It forced the correction to be more severe. A monthly equilibrium is now likely to happen. Forget any thought of straight continuation after this correction is over.
Bitcoin is in for a long recovery period.
Happy trading and remember:
There's a difference between knowing the path and walking the path - Morpheus_RED
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.