Where is the top of this Bitcoin surge⁉️
Based on historical bull market data, we can get a roughly consistent final top, with a slow rise 📈 and a fast rise ratio of about
1 to 1.5 to 1 to 2 ⚠️ that is, if Bitcoin slowly rises by 10,000 points, it will correspondingly quickly rise by 15,000 to 20,000 points.
Because for institutions, this aligns very well with their profit logic, as any explosive rise is almost always after a period of slow increase without any pullback, as shown in the first half of figures two and three, followed by a sudden short-term quick surge combined with positive news, as shown in the second half of figures two and three.
This rule is determined by inherent market sentiment, and all of this is very valuable for reference, because bull markets are born in skepticism and end in madness, with corresponding candlesticks first showing a slow rise, then retail investors reacting and causing a violent quick surge, followed by a rapid crash, with institutions exiting and trapping retail investors. This is a market rule and also a rule of human nature, and this rule will never change.
