#BTC At this moment in the cycle, Bitcoin started pullbacks in 2017 and 2021 In 2017, it was a 1-week retrace that was -29% deep In 2021, it was a 3-week retrace that was -25% deep Each of these were shallower and quicker compared to previous retraces in their respective cycles And the shallow and quick nature of each of these retraces were key technical ingredients to preceding strong upside in the respective uptrends that followed Should Bitcoin indeed start a retrace now, a shallower and quicker retrace would not just align with historical cycles... But also represent key technical ingredients to setting up a strong, final Price Discovery Uptrend 3 $BTC #Crypto #Bitcoin
Rekt Capital
Rekt Capital14.8. klo 20.25
#BTC Bitcoin has reached new All Time Highs in Week 6 of Price Discovery Uptrend 2 $BTC #Crypto #Bitcoin
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