In 2021-22 bitcoin formed a higher high on weekly chart and then bear run of 2022 started, if we look at the bitcoin current chart the same pattern being formed.
Do you think bitcoin will form the similar pattern ? In my opinion it is highly unlikely that bitcoin will see similar pattern, in 2022 the second push was due to overall market euphoria which pushed the price to new high even though bear market was already on (Bitcoin hit new ATH after crashing 55% which is unusual)
If we look at the current pattern bitcoin had -30% crash, which is normal between bull runs, so its highly unlikely that bitcoin will similar fate as 2021.
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GreenCrypto
Do you think bitcoin will form the similar pattern ? In my opinion it is highly unlikely that bitcoin will see similar pattern, in 2022 the second push was due to overall market euphoria which pushed the price to new high even though bear market was already on (Bitcoin hit new ATH after crashing 55% which is unusual)
If we look at the current pattern bitcoin had -30% crash, which is normal between bull runs, so its highly unlikely that bitcoin will similar fate as 2021.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
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🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
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📢 Telegram Channel: t.me/getgreencrypto
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.