Bitcoin 2018 Bear Market v 2022 Bear Market
There is a striking similarity between the 2018 and 2022 bear markets in Bitcoin as illustrated on this chart. This is the same thing I have been discussing for months now on Twitter and YouTube while so many other large influencer accounts were screaming that it HAD to go below 12K. While there is no guarantee that the low is in yet (there are no guarantees in trading except that you WILL lose money at times), there are a number of signals that it very well may be. This is just one of them.
Break out impulsively above the weekly pivot and there should be no looking back.
Break out impulsively above the weekly pivot and there should be no looking back.
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