BITCOIN
In 2021-22 bitcoin formed a higher high
on weekly chart and then bear run of 2022
started, if we look at the bitcoin current
chart the same pattern being formed.
Do you think bitcoin will form the similar pattern ? In my opinion it is highly unlikely that bitcoin will see similar pattern, in 2022 the second push was due to overall market euphoria which pushed the price to new
high even though bear market was already on (Bitcoin hit new ATH after crashing 55%which is unusual)
If we look at the current pattern bitcoin had
-30% crash, which is normal between bull
runs, so its highly unlikely that bitcoin will
similar fate as 2021.
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