Lining up the two times it hit the 52 week low after making a major high gives a possible ghost bars pattern back to $20k.
I don't really think it's going to anything close to $300k but the ghost bars show that the bear market we're in is not really unusual compared to prior bear markets and everyone saying BTC is dead will probably be proven wrong before the end of 2021.
It absolutely could hit the old high next year and it would not be doing anything much different than the same price action it's done before.
I don't really think it's going to anything close to $300k but the ghost bars show that the bear market we're in is not really unusual compared to prior bear markets and everyone saying BTC is dead will probably be proven wrong before the end of 2021.
It absolutely could hit the old high next year and it would not be doing anything much different than the same price action it's done before.
