ANALYSIS OF THE BIG PICTURE.
Hi everyone !
This analysis is based on the most important 2 resistance/support lines (in my opinion) we have
to keep in mind when we're looking for a bottom or a top for a bitcoin 1.63% market cycle.
Like you can see in the chart the last market cycle was 1400 days long and the current
one seems to want to be faster. (and i hope it will...)
Anyway, if this analysis is correct, we still have to go down a little bit more to touch the major support line
which is around 3k - 4k. (according to the speed of the fall).
Have a good day !
This analysis is based on the most important 2 resistance/support lines (in my opinion) we have
to keep in mind when we're looking for a bottom or a top for a bitcoin 1.63% market cycle.
Like you can see in the chart the last market cycle was 1400 days long and the current
one seems to want to be faster. (and i hope it will...)
Anyway, if this analysis is correct, we still have to go down a little bit more to touch the major support line
which is around 3k - 4k. (according to the speed of the fall).
Have a good day !
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