💾 DJI Bullish But Why? & Bitcoin

2 במרץ 2023

Notice how the August 2022 peak is followed by a strong correction, instantly.

The November and December 2022 peak is followed by sideways consolidation.

That's why I consider this chart to be bullish.

I make the same argument for Bitcoin.

In the past, each time a peak is hit we have a strong correction immediately after.
In the present, as each new peak is hit, we get sideways consolidation.

That's a bullish signal.

Thank you for reading.

Namaste.