#BITCOIN = Power of Candles = 01.08.2022 $BTC #BTC #cryptocurrency #crypto @crypto @bitcoin @CNBC @ft @marketwatch @bitcoinmagazine #cryptocrash #hodl

In this little sketch I wanted to emphasize the predictive power of candlesticks. The chart below that featured the quarterly candles was shared on March 31st after Q1 candle was finalized.

On that chart I forecasted the direction and the size of the Q2 candle based on candles and some technical signals.

As you can see, the Q2 candle fell a little more than anticipated and I hope those who were short after this signal would not complain.

If you want to know what is expected next, the Bitcoin Monthly Analysis was issued yesterday:

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