November appears to be a very strong month for BTCUSD.
It usually signals the end of the bear market or beginning/end of a bull run.
750% gain Nov13
-30%Nov14, signal continuation of down trend till next Nov
+98%Nov15
+30%Nov16
+210%Nov17
Would need +30-100% Nov18 to confirm the beginning of a new cycle. Otherwise we might still need to form a new bottom.
It usually signals the end of the bear market or beginning/end of a bull run.
750% gain Nov13
-30%Nov14, signal continuation of down trend till next Nov
+98%Nov15
+30%Nov16
+210%Nov17
Would need +30-100% Nov18 to confirm the beginning of a new cycle. Otherwise we might still need to form a new bottom.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.