Will history repeat?

in #bitcoin3 years ago

The last time we had a similar setup was back in July right before a major move higher

We've seen something similar before.

The last time bitcoin had a 3 day print like we have now in a downtrend, it looked something like this:

image.png

(source: https://twitter.com/ethcryptoqueen/status/1472205530156482568/photo/1)

Does that mean we are about ready to bottom?

I sure hope so!

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I guess downtrend will continue till Feb 2022 after which we will have a strong bull rally.

I don't think it is done yet either. I think we will see BTC at 40k before we see it at 60k again, but we will see both.

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