Update on Bitcoin's status and my positive expectations for the upcoming period BTC
I analyzed Bitcoin #BTC during the last down season and found that it is following the hexagonal pattern and currently following the octagonal pattern, but there is a very strong similarity in the movement. I expect positivity, but it will also be followed by a continuation of the downtrend cycle.
I found that the old season is moving in the same fractal and it seems like it's moving within the range of two triangles, and the movement was a retest of the midpoint line followed by a false breakout and then returning to the same areas. After that, it broke the midpoint line again and rose to a resistance area, hitting the upper triangle's side before dropping and breaking the midpoint line, continuing the downtrend cycle.
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