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Bitcoin's bottom is just around the corner | $BTC 2018 & 2022 bear market comparison

Binance

Cryptocoins Exchanges / Binance 136 Views

A detailed dialogue of the $BTC 2018 and 2022 bear markets, we obtained some perception that #bitcoin’s bottom is only one step away

In 2018 $BTC breaks crucial help in Nov and make a new low degree then Dec was the #Bitcoin bottom which makes help from the June 2017 candle wick.

Now $BTC is identical as the 2018 bear cycle, and I consider Bitcoin’s bottom is close to in Dec, which is $14,000, as a result of June 2019 provides help to this $14,000 degree.

In the event you’re bearish on this market, it means you don’t know the market cycle when $BTC is on prime in Nov 2021, in order that’s a time to be bearish, not right now.

I’m neither bullish nor bearish right now as a result of I consider #bitcoin’s bottom is at $14,000, & I consider the market just isn't recovering shortly from Dec to April, I feel $BTC will move in a tied-bound vary in the coming month compared to the 2018 bear cycle.

If everyone seems to be ready for BTC at a $10,000 worth, they by no means purchase it when $BTC is down at a $10,000 worth; they assume #BTC is down again they usually decide the $5,000 worth… LOL

submitted by /u/defihumair
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