I no longer think there will be this liquidation move lower before heading higher and I actually think we have started the next leg up already.
I base this on the election cycle and what Bitcoin previously did.
Look back from week Dec 14th to first week of Jan and Bitcoin went up over 100% in 2020 with a very similar ascending wedge pattern.
Almost identical.
I base this on the election cycle and what Bitcoin previously did.
Look back from week Dec 14th to first week of Jan and Bitcoin went up over 100% in 2020 with a very similar ascending wedge pattern.
Almost identical.
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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.