BitcoinLong
History Rhymes
Zooming out we can see a very similar pattern to what we saw in the previous bull/bear. I think that we have stumbled into the same formation, just on a smaller scale. I'm not an expert or technical analyst, but I have been in the market since '18 and am familiar with charting. I think that the November ATH is just an outlier in the pendant we have formed. Only time will tell, I think we will be breaking out to new ATH soon with price targets just under 100k IMO.
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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.