2022 Bitcoin Bear Market is a Copy of 2018 Bitcoin Bear Market
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OK maybe that was a clickbait title but the similarities are eerie.
I expect BTC to will bullishly break the descending triangle within the next 2 weeks and start a downward trend that will ultimately end in -40% to -50% from here. The trend may last 1-2 months. I have buy orders at 14K, 11K and 9K. Here are a few other interesting things
TECHNICAL FACTORS - The daily BBWP has been striking 0 for 8 days in a row - Monthly and Weekly Hash Ribbon looks like a carbon copy of the 2018 50% dump - Monthly and Weekly MACD looks like a carbon copy of the 2018 50% dump
MACRO FACTORS - Earnings season starts this week - The fight for Kherson city center starts this week - US home prices MoM lower 3 months in a row - US unemployment rate may have made a double bottom
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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.