Hello, traders.
Today's question is pretty simple, does the history repeats itself?
Because if they do, we can predict the price more certainly about the next movement, see this example on BITCOIN:
After an almost 50% raise, the BTC started an accumulation pattern which took approximately 90 days to begin a new impulsive wave, which made the price rise almost 40%, and after that, the price started a new accumulation phase that is happening right now.
So if the history repeats itself, we can expect another big sideways movement until the end of October.
And another 40% - 50% rise is expected.
Best Regards.
Today's question is pretty simple, does the history repeats itself?
Because if they do, we can predict the price more certainly about the next movement, see this example on BITCOIN:
After an almost 50% raise, the BTC started an accumulation pattern which took approximately 90 days to begin a new impulsive wave, which made the price rise almost 40%, and after that, the price started a new accumulation phase that is happening right now.
So if the history repeats itself, we can expect another big sideways movement until the end of October.
And another 40% - 50% rise is expected.
Best Regards.