About a year ago, after finding the striking resemblance between candles of Bitcoin and Nortel that went bust long ago, I suggested that BTC had all chances to disappear from the trading horizon. So far, month over month, BTC has continued to register bearish events, one after another, making it worse and worse.
The monthly/quarterly/semiannual closure today was no different and in this monthly overview I would like to analyze the perspectives from different angles.
This BITCOIN overview discusses:
– candle charts and corresponding technical events for BTC;
– a classical pattern with the target;
– short and long term EW perspectives for BTC.
This analysis opens the @InvestingAngles Monthly Series – US Indices, Crypto, Commodities, Currencies, Large Cap stocks – that can be viewed here.
If you only followed the @InvestingAngles’ BTC call in November 2021 …
Latest BITCOIN Monthly (link).
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