Bitcoin / Tetherלונג
Interesting similarities between BTC phases
BTC current Price Action is starting to appear increasingly similar to the PA we saw throughout the bearish period of Summer 2021 !
Color coded are the similarities i found and they are relatively indifference bar from the yellow markings failing to make a real attempt at recovery.
The PA were currently having has the same tone to the summer where dumps were carefully controlled by whales as they gradually filled their bags awaiting the uptrend to begin. Im overwhelmingly bullish on this PA and feel BTC has found its bottom for now !
An analogy i liked was the comparison to the current PA and a ball held under water ... once the downward pressure stops it will erupt upwards.
My LTF target is : 48k held comfortably
My MTF target is : 52k reached
My Q2 target is : 64k reached
Color coded are the similarities i found and they are relatively indifference bar from the yellow markings failing to make a real attempt at recovery.
The PA were currently having has the same tone to the summer where dumps were carefully controlled by whales as they gradually filled their bags awaiting the uptrend to begin. Im overwhelmingly bullish on this PA and feel BTC has found its bottom for now !
An analogy i liked was the comparison to the current PA and a ball held under water ... once the downward pressure stops it will erupt upwards.
My LTF target is : 48k held comfortably
My MTF target is : 52k reached
My Q2 target is : 64k reached
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