Image comparing the similarity of the last 3 cycles
There’s an interesting thing I just realized. In the bottom areas of the cycles, you will always see the following
• 1 large red candle at the end to form the bottom zone
• 1 green candle increasing by about 20% to almost fill in the red candle
Then the market starts rising and we move into an Uptrend.
What do you think—does this season look like that? And are we witnessing the formation of a bottom now?
#bitcoin #btc $BTC
There’s an interesting thing I just realized. In the bottom areas of the cycles, you will always see the following
• 1 large red candle at the end to form the bottom zone
• 1 green candle increasing by about 20% to almost fill in the red candle
Then the market starts rising and we move into an Uptrend.
What do you think—does this season look like that? And are we witnessing the formation of a bottom now?
#bitcoin #btc $BTC