Weakest Bulls ever..!
In the past five months, Bitcoin gained 93%. However, if you compare the past five months with the previous bullish rallies, it will become obvious this last rally could not be the same as the previous ones.
I believe the last rally could be compared with Dec 2018 - July 2019 period and will be followed by another decline in the price!
Dec 2018 - July 201:
The last 5 months:
based on this comparison I believe a reversal is a more likely scenario..!
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
I believe the last rally could be compared with Dec 2018 - July 2019 period and will be followed by another decline in the price!
Dec 2018 - July 201:
The last 5 months:
based on this comparison I believe a reversal is a more likely scenario..!
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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