BITCOIN - THE BULL MARKET HAS ALREADY BEGUN AND YOU DIDN'T EVEN
Updated
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Take a look at this chart and its details. We can clearly identify three events.
The colors help describe:
Gray: Accumulation.
Blue: Pattern breakout.
Green: Bull Market.
1- In 2015, BTC went through an accumulation phase in a symmetrical triangle throughout the entire year. However, after breaking out of this accumulation triangle, the BULL MARKET began, as indicated in green.
2- In 2019, we see a similar situation. There was accumulation within a bullish wedge for almost an entire year. Shortly after breaking out of this accumulation pattern, the unexpected Covid-19 occurred. I describe this event as extraordinary because it was truly out of the ordinary. Nevertheless, BTC entered a BULL MARKET, surpassing all expectations.
3- In 2022, we had another similar example. Accumulation within a bullish wedge for nearly a year. And please note that the breakout of this accumulation pattern has already occurred.
In 2023, up to the present moment (October), BTC has already risen by more than +80%.
Could we have an Extraordinary event like the corona crash? YES, it's possible. It could be triggered by anything, such as war, inflation, or a new pandemic. But the fact remains: In the previous two events we experienced, we witnessed the birth of the Bull Market.
My conclusion is that we are already repeating this pattern for the third time!
I've been saying this since January2023 in the article: "THE PAST AND ITS TRACES" and March 2023, when I posted here the article "Bitcoin - The big wave has already begun". I'll leave the article below in the description.
You may be looking for excuses and favorable global situations to await a Bull Market, but IT HAS ALREADY BEGUN AND HAS ACCUMULATED +80% IN 2023.
Hit the Boost button and follow me here on TradingView!
Take a look at this chart and its details. We can clearly identify three events.
The colors help describe:
Gray: Accumulation.
Blue: Pattern breakout.
Green: Bull Market.
1- In 2015, BTC went through an accumulation phase in a symmetrical triangle throughout the entire year. However, after breaking out of this accumulation triangle, the BULL MARKET began, as indicated in green.
2- In 2019, we see a similar situation. There was accumulation within a bullish wedge for almost an entire year. Shortly after breaking out of this accumulation pattern, the unexpected Covid-19 occurred. I describe this event as extraordinary because it was truly out of the ordinary. Nevertheless, BTC entered a BULL MARKET, surpassing all expectations.
3- In 2022, we had another similar example. Accumulation within a bullish wedge for nearly a year. And please note that the breakout of this accumulation pattern has already occurred.
In 2023, up to the present moment (October), BTC has already risen by more than +80%.
Could we have an Extraordinary event like the corona crash? YES, it's possible. It could be triggered by anything, such as war, inflation, or a new pandemic. But the fact remains: In the previous two events we experienced, we witnessed the birth of the Bull Market.
My conclusion is that we are already repeating this pattern for the third time!
I've been saying this since January2023 in the article: "THE PAST AND ITS TRACES" and March 2023, when I posted here the article "Bitcoin - The big wave has already begun". I'll leave the article below in the description.
You may be looking for excuses and favorable global situations to await a Bull Market, but IT HAS ALREADY BEGUN AND HAS ACCUMULATED +80% IN 2023.
Hit the Boost button and follow me here on TradingView!
Note
I want to remind you of that!110%
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