Bitcoin - Potential Pattern
The only monthly candle that I could find that has wicks as long & a body as small. Six years ago in Jan 2017 before an epic run from $900 to $20,000
BTC
Not a prediction.
More probable short term scenario is down as outlined on the chart. Just interesting the similarity. Having a position is as important as having taken some profit at this stage of the cycle. I remain in a long spot position regardless of likely pullback.
PUKA
The only monthly candle that I could find that has wicks as long & a body as small. Six years ago in Jan 2017 before an epic run from $900 to $20,000
BTC
Not a prediction.
More probable short term scenario is down as outlined on the chart. Just interesting the similarity. Having a position is as important as having taken some profit at this stage of the cycle. I remain in a long spot position regardless of likely pullback.
PUKA
