I was wondering to look closely to yearly cycles but on a monthly scale rather than just yearly candles. What I came up with is interesting, basically, we can find that yearly red candles historically occurred every time after 3 greens. However, on a monthly chart, u may see how safe it seems.
So, as many find this as the beginning of the bullish trend , I would like to support this idea with my views on how can this play out and some cautions. So we see the bullish cross on the weekly MACD , we still should not be overbullish as MACD is below the zero line. Daily MACD is still bullish and 4H as well. By saying that 4H is bullish I mean that the price...
I am anticipating bitcoin to break new highs with a declining dominance so alts start taking off and beating bitcoin in dominance. BTC Dominance may drop up to around 20%. Thats where the real pick might take place. I ll tell you later where my target for 2022 pick is.