Bitcoin
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🅱️ No Correction.. Here Is Why!

This is what Technical Analysis (TA) is for, to look at things like the one I am about to show you.

A correction is not likely to happen now based on past history.

This is how Bitcoin behaves each and every time it goes into correction mode, we will look into 5 examples or maybe even more.

Take a few minutes of your time and let's do this... Boost! 🚀 Ok!

We start with a period from June to November 2022.

See how Bitcoin reacts after hitting a resistance level/peak prices...
anlık görüntü

Every time a peak is hit, it is followed immediately by red candles, over and over.
This supports the bears.

Next, from September 2021 through May 2022.

See how Bitcoin reacts after hitting a resistance level/peaking...
anlık görüntü

Every time a correction is set to take place red candles, fast, happen the next day... No bullish consolidation, clear, straight down.

From January through September 2021, the same type of behaviour: anlık görüntü

Now compare this with the current price action which favors the bulls... anlık görüntü

Each time a new peak/high is hit, what follows is a consolidation phase.

This gives it away... Bitcoin is under bulls control.

Namaste.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.