Volume is low in the bear flag and smart money wants to get retailer money. I am not convinced that we are in a bullish market. It also doesn't make sense looking at other markets. Let's see and I hope I am wrong.
BTC is showing a pattern which is similar to May June increase before significant drop. 10k$ is still possible for BTC. If BTC can break the diagonal resistance we have a bullish momentum.
BTC is doing the same as in summer. It will go down for a while and make a fast increase around February. We are in a slower consolidation cycle still. Super bullish run will start mid 2023.
Bitcoin creates a classical reversal pattern. However it will definitely make a new ATH first (maybe even twice). Support of 42k$ needs to hold and new ATH of approx 80k$ will be achieved. It’s a simple pattern which typically will be achieved.
I updated the last graph with a correction of the time scale. I made an error, my apologies. The price of BTC is following a logarithmic trend, that's absolutely not new . If you look to the graph and you zoom in you can identify clearly 3 phases. If you take a good look at the patterns within the phases you notice that on a weekly basis we are following ...
The price of BTC is following a logarithmic trend, that's absolutely not new. If you look to the graph and you zoom in you can identify clearly 3 phases. If you take a good look at the patterns within the phases you notice that on a weekly basis we are following exactly the same price patterns within each phase. Its remarkable! The only difference is the time at...
Doge is behaving very repeatable and third cycle just started. Only a market collapse can stop it.