Will a baseline flip trigger a massive bull market?
Every cycle, $BITCOIN$ forms a baseline that serves as key support/resistance for the price.
In 2016, the price formed a baseline, and once it moved into support, the Bitcoin bull run began. In 2019, we saw a similar baseline that turned into support and Bitcoin started to rise. Later, we also experienced the unexpected 312 black swan event, but the price still quickly recovered and entered the bull market.
Currently, $BTC $ has formed a similar baseline. If history repeats itself, we can expect a nice bull $RALLY$ once the baseline turns into support.
ps: Once the market pulses to the high-pressure hold-up area of the last bull market, it means that the growth period of the bull market has begun.
Are you ready for this cow?
Looking forward to 2024. . .
#ETH #crypto2023 #DeFiChallenge #CryptoTradingBots #cryptonews
Every cycle, $BITCOIN$ forms a baseline that serves as key support/resistance for the price.
In 2016, the price formed a baseline, and once it moved into support, the Bitcoin bull run began. In 2019, we saw a similar baseline that turned into support and Bitcoin started to rise. Later, we also experienced the unexpected 312 black swan event, but the price still quickly recovered and entered the bull market.
Currently, $BTC $ has formed a similar baseline. If history repeats itself, we can expect a nice bull $RALLY$ once the baseline turns into support.
ps: Once the market pulses to the high-pressure hold-up area of the last bull market, it means that the growth period of the bull market has begun.
Are you ready for this cow?
Looking forward to 2024. . .
#ETH #crypto2023 #DeFiChallenge #CryptoTradingBots #cryptonews