Bitcoin had a 20 week rally starting 21 November 2022 after 23 weeks of double bottom formation which was the sign of strength (SOS) event in this accumulation structure.
Now, after another 26 weeks of sideways re-accumulation type structure, Bitcoin has retested 25k zone multiple times and flipped this once resistance in to support and is ready for the markup towards 48k where i'll be looking to take profits.
Take care :)
Now, after another 26 weeks of sideways re-accumulation type structure, Bitcoin has retested 25k zone multiple times and flipped this once resistance in to support and is ready for the markup towards 48k where i'll be looking to take profits.
Take care :)