Does history repeat itself? If the last two bitcoin cycles are anything to go by, then I think we're in the market for another 30% retrace in the coming weeks.
On the way up, we had an extra long consolidation period thanks to Bitcoin Gold, then S2X gave us the retrace (from the green line down) and now we're poking at the 10% border above the previous ATH. Of course this time it could be different. Is there any fundamental news expected int he coming week which could cause us to begin the 2 week bear run down to the low $5000s? Or am I just searching for a pattern where there is none?
On the way up, we had an extra long consolidation period thanks to Bitcoin Gold, then S2X gave us the retrace (from the green line down) and now we're poking at the 10% border above the previous ATH. Of course this time it could be different. Is there any fundamental news expected int he coming week which could cause us to begin the 2 week bear run down to the low $5000s? Or am I just searching for a pattern where there is none?
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.