BTC - IT WAS A PUMP INDEED!!!
In my previous post (BTC - Another BULL or PULL?), we took a look at the similar cycle BTC was playing. From bull run to consolidation and then to a retracement. By the look of the current chart, BTC really did a hell of a bull run penetrating through the roof of 20,000 towards a new all-time high of about 23,800.
What was a little different is, BTC was in a consolidation period at the time before the bull run. The previous chart mostly suggests a retracement after the consolidation before a bull run.
In my next post, I will explain what could possibly happen next. Stay tuned.
What was a little different is, BTC was in a consolidation period at the time before the bull run. The previous chart mostly suggests a retracement after the consolidation before a bull run.
In my next post, I will explain what could possibly happen next. Stay tuned.
Related publications
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.