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RE: Bitcoin tends to go up after a year of down

in #bitcoin2 years ago

It's interesting to see the analysis of the Bitcoin chart and how it suggests that we may be entering a sideways period before potentially moving upwards again. While the macro environment and sentiment may not be favorable for Bitcoin at the moment, the chart pattern and past history suggest that the lows may already be in and we could be due for a turnaround. It will be interesting to see how events play out and whether the chart pattern or the macro environment ultimately has more influence on the price of Bitcoin. In any case, it's important for investors to do their own research and analysis before making any investment decisions, and to be mindful of the potential risks and uncertainties involved.

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I think risk is involved only if anyone is investing for short term!
To the moon

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