As we near the end of this bear market in crypto (in relation to #BTC 4 year cycles)
The lack of liquidity has been evident for many months now, with wild swings in both directions. Which I have played to to make meaningful gains , if you have been following me on my ideas stream well done. (YOUR trade = YOUR Risk management)
Lack of liquidity means lack of seller and buyers, yet buying interest in crypto still remains As the #Doge pump highlights (another idea I shared last week)
I can't help but notice the similar pattern of the previous Bear market bottom... on a much more concentrated timeframe.
What took very nearly two years of price action to form and follow through on. Is now occurring on a 6/7 month timeframe. Very interesting indeed!
A, B or C?
Comment below
評論
we did get our double bottom
also confluence of the target with 0.5% fib retracement (log based value)