I Was in a Rush to Create this pattern Analysis yesterday let me update the wording was off i meant to say "higher lows" not lower lows for the Correction
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Bitcoins Price Action and Consolidation was Greatly Manipulated by the Markets and Media Due to the COVID 19X Crisis! Although the Digital Currency was already going through a Consolidation Phase it had an increased manipulated Correction during the late Feb to march - scare Decreasing it's value previous lows back in 2019 but it didn't stay! it can't retrace its previous lows and consolidate back to those previous lows and levels this was Designed with Great Stability the whole design of this is incomprehensible it is able to withhold economic and global turmoil the creator of this asset had this in mind when developing this Crypto the Digital Currency through, the Annual Pattern is to outperform its previous Highs and Consolidate at a new higher low of the 6 - 9k region doubling or tripling its previous 3k region and its previous hundreds region.
awesome analysis, i must also point out how a breakout on april 1st 2019 (april fools day).. .. then in 2020, Covid-19 brought it back to around 4k. just seems weird or maybe just a coincidence (no pun intended).
i must say tho after bitcoin stabilizing from this economic disaster like a cat falling off a 3 story building with no injuries surely people cant call it a fake, no value, ponzi scheme anymore especially when you compare it to fiat.
aironwinds
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@Starlinkbtc, I do agree with you, thank you starlink btc for you’re comment! Please follow guys appreciate it!
aironwinds
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So update my analysis was correct along with prediction
i must say tho after bitcoin stabilizing from this economic disaster like a cat falling off a 3 story building with no injuries surely people cant call it a fake, no value, ponzi scheme anymore especially when you compare it to fiat.