Hi :)
Take a look at this chart.
We had 3 bull markets.
Judging by the data and analysing the bull-markets...
This is my prediction of the next upcomming bull-market cycle.
As of now we are under the white trendline that acts as resistance.
My assumption is that we will fall down once again to 3k levels and start the real Bull-Market from there on.
I took the white trendline as a comparison of the white trendline from the 2nd bull-market. (Also possible to compare 1st to 2nd Bull-Market trendline, but didn't add it here)
This trendline acted as support during the second Bull-Market.
Then after the second Bull-Market this trendline was broken down and Bitcoin remained under this very trendline until the top
of the 3rd Bull-Market.
This is the same tactic I will be using to trade Bitcoin this time. :)
Which is: We had established a trendline during the 2nd Bull-Market (2nd White Line on the picture).
This trendline has to be broken down and remain as resistance until we reach the top of the upcomming future Bull-Market.
Good Luck Trading! I wish you all best.
Follow if you think my ideas are interesting :)
Take a look at this chart.
We had 3 bull markets.
Judging by the data and analysing the bull-markets...
This is my prediction of the next upcomming bull-market cycle.
As of now we are under the white trendline that acts as resistance.
My assumption is that we will fall down once again to 3k levels and start the real Bull-Market from there on.
I took the white trendline as a comparison of the white trendline from the 2nd bull-market. (Also possible to compare 1st to 2nd Bull-Market trendline, but didn't add it here)
This trendline acted as support during the second Bull-Market.
Then after the second Bull-Market this trendline was broken down and Bitcoin remained under this very trendline until the top
of the 3rd Bull-Market.
This is the same tactic I will be using to trade Bitcoin this time. :)
Which is: We had established a trendline during the 2nd Bull-Market (2nd White Line on the picture).
This trendline has to be broken down and remain as resistance until we reach the top of the upcomming future Bull-Market.
Good Luck Trading! I wish you all best.
Follow if you think my ideas are interesting :)
