Bitcoin has satisfied all 13 points before a new bullish trend change

in #bitcoin2 years ago

Bitcoin may be on the verge of a trend change here very soon

If we look at how bitcoin acted back in 2014-2015, we can see some major similarities now.

We have a 13 point draw-down with the 13 point marking the final lows of the correction.

We have something very similar right now, with the 13 point being hit recently...

Check it out:

image.png

(Source: https://twitter.com/AurelienOhayon/status/1608898039770656768/photo/1)

If this trend continues then the lows are in and we are on the verge of starting our next bull market very shortly.

This bull market will span several years and likely won't peak until end 2025 or so.

What do you think, can history repeat again here?!

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The Federal Reserve Banksters just announced more rate hikes and no drop in the future.

So long as they keep raising interest rates I don't see any turn around coming for any cryptos.

The banksters are the ones to watch, their little cartel runs everything.

My tweet with an article linked: https://twitter.com/ImperatorTruth/status/1610784298046562305

I somewhat agree. Though markets will bottom long before the FED reverses course as they tend to be forward looking by at least 6 months. As it stands now, futures markets are pricing in only 2-3 more hikes totaling roughly 75 more basis points. I suspect the lows are either in, or will be in within the next couple months, though I don't think a raging bull market will be coming any time soon. Once we stop going down, we go sideways for a bit before eventually starting the next uptrend.

Yeah that seems like a reasonable timeframe.

Upvoted! Thank you for supporting witness @jswit.

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