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Bitcoin NEW BULL MARKET Primary Trend can no longer be disputed
Based on TIME it's another confirmation, Bitcoin is in a New Bull Market Primary Trend!
This is an important week due to an all time new year high occurring on the 16th week since the trend reversed on November 21 2022!
Quote Based on the Dow Theory:
"Secondary trend: The secondary, or intermediate, trend represents the corrective phase in the primary trend and usually lasts three weeks to three months. 3. Minor trend: According to Dow theory, the minor trend usually lasts less than three weeks. The secondary, or intermediate, trend represents the corrective phase in the primary trend and usually lasts three weeks to three months. "
That means that the current trend since November 21 2022 CANNOT be a Secondary Trend/relief rally due to surpassing 3 months! It's a New Bull Market Primary Trend, in my humble opinion!
This is an important week due to an all time new year high occurring on the 16th week since the trend reversed on November 21 2022!
Quote Based on the Dow Theory:
"Secondary trend: The secondary, or intermediate, trend represents the corrective phase in the primary trend and usually lasts three weeks to three months. 3. Minor trend: According to Dow theory, the minor trend usually lasts less than three weeks. The secondary, or intermediate, trend represents the corrective phase in the primary trend and usually lasts three weeks to three months. "
That means that the current trend since November 21 2022 CANNOT be a Secondary Trend/relief rally due to surpassing 3 months! It's a New Bull Market Primary Trend, in my humble opinion!
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