wlhm

Bitcoin Trend Cycle Fractal

wlhm Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Current condition of Bitcoin looks like a fractal to enter a new bull-run phase, as we can see since Sept 2020, Bitcoin have a long bull-run. Komodo TCM shows us that the trend is going up and up, entering strong bullish area (above 80), until this week there is a small turning point that might be indicating a weak or climax point. But we are still on strong bullish.

Based on previous history data, there is fractals that might be happened on the next month. An another bull run, which is possible but not as that strong, and a deep correction price to around USD 35K-ish.

Comment:
We are still on that correction area (30.000-35.000)
TCM shows that weekly trend keep declining
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