in every past cycle bitcoin has always had a major pull back (+/- 50%) after breaching the previous cycle high
characteristics of this pull back include:
never going back to previous high
the entire move is under (or in support of) the next cycle low
the move to the cycle peak, from the trough of the pullback, is generally 10X or greater
are we there yet?
who can say?
characteristics of this pull back include:
never going back to previous high
the entire move is under (or in support of) the next cycle low
the move to the cycle peak, from the trough of the pullback, is generally 10X or greater
are we there yet?
who can say?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.