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RE: Bitcoin an investment alternative beyond the crossing of death
Hi @lupafilotaxia
If I'm not mistaken that same phenomenon of death.crosses.happened last year, and yet Bitcoin has done nothing but go up since then.
Now I have more clear that the analysis are projections that can be fulfilled or not, at the end the market has particular way to behave that sometimes we do not understand.
But, you have to have a guide, the patterns are necessary to understand them.
Thank you for this information.
Hello @josevas217
You are not wrong, indeed it was just started the previous cycle and while it was believed that the price would retreat in search of the bearish channel then the market began a steady growth that led us to the current record highs, this as you mention are only projections to find points of confirmation and guidance.
Best regards, be well.