Bitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made.
As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory.
Looking at this fractal, bulls have little to wory about. We've seen the dump before and will likely see a new ATH in the coming month.
Will we drop further? New ATH soon? Share your thoughts 🙏
As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory.
Looking at this fractal, bulls have little to wory about. We've seen the dump before and will likely see a new ATH in the coming month.
Will we drop further? New ATH soon? Share your thoughts 🙏
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.