#bitcoinbearmarketending
bitcoinbearmarketending
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Bearish
I see a very strong similarity between the end of the 2022 bear market of $BTC and the current one.
On the weekly timeframe, the first chart shows the end of the 2022 bear cycle and a double-top formation followed by a sharp drop. The second chart shows the current cycle, attempting to form a first top and forming the second one much more clearly, followed by a sharp drop.
#BitcoinBreaksBelow200WeekMovingAverage #BitcoinBearMarketEnding
I see a very strong similarity between the end of the 2022 bear market of $BTC and the current one.
On the weekly timeframe, the first chart shows the end of the 2022 bear cycle and a double-top formation followed by a sharp drop. The second chart shows the current cycle, attempting to form a first top and forming the second one much more clearly, followed by a sharp drop.
#BitcoinBreaksBelow200WeekMovingAverage #BitcoinBearMarketEnding
On the weekly timeframe, the first chart shows the end of the 2022 bear cycle and a double-top formation followed by a sharp drop. The second chart shows the current cycle, attempting to form a first top and forming the second one much more clearly, followed by a sharp drop.
#BitcoinBreaksBelow200WeekMovingAverage #BitcoinBearMarketEnding
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