Chart showing the last biggest Bitcoin drop from 69k USD to 15k USD.
This chart shows the Mayer Multiples index since the beginning. And it also shows the 5 biggest rallies until 2022.
This charts shows the 4 biggest rallies and its "4 deaths". Also if/when we hit 18k USD (78% fibonacci retracement) what should be like the next rally.
Since the pandemic BTC is bullish. The Fibo is indicating a bear market, or maybe the resistance is not there yet ?
Analyzing the Bitcoin price since 2013 we can see clearly that we've got 3 waves, but what the future reserves to crypto!?
Oldest Bitcoin Prices on Trading VIew
Oldest Bitcoin Prices on Trading View #2