This chart resembles a correlation between BTC and AMZN (early days).
Anywhere near $10,000 or below will see a heavy buy resistance and will likely accumulate for a year before initiating a new bull cycle.
Of course, BTC might take a different stance and decouple from this pattern due to regulations and restriction, but very interesting to see how it ends.
If you're excited to see where would this end if BTC to follow AMZN foot steps for another 10 years comment below.
Thank you and Do your own research.
Anywhere near $10,000 or below will see a heavy buy resistance and will likely accumulate for a year before initiating a new bull cycle.
Of course, BTC might take a different stance and decouple from this pattern due to regulations and restriction, but very interesting to see how it ends.
If you're excited to see where would this end if BTC to follow AMZN foot steps for another 10 years comment below.
Thank you and Do your own research.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.