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Bitcoin (BTCUSD) - How Long Do We Hold $100,000 For?
Happy new year traders!
This is a perfect time to do a review on BTCUSD as it's the 1st month where you see the beginnings of the 6-Month candle form, which can be very powerful for gauging a bias.
MASSSSIVEEE movements from 2023 onwards, booking returns of over 550% if you bought during the beginning of that year.
When you think about a healthy market, you also consider the likelihood of a retracement which, in Bitcoin's case has not occurred since 2022.
The question isn't if but when...
This is a perfect time to do a review on BTCUSD as it's the 1st month where you see the beginnings of the 6-Month candle form, which can be very powerful for gauging a bias.
MASSSSIVEEE movements from 2023 onwards, booking returns of over 550% if you bought during the beginning of that year.
When you think about a healthy market, you also consider the likelihood of a retracement which, in Bitcoin's case has not occurred since 2022.
The question isn't if but when...
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