Bitcoin is appearing to be starting the next multi year bull market
The last time we saw bitcoin cross above the center line like it is now was at the start of a multi year bull market.
Check it out:
(Source: https://twitter.com/StockmoneyL/status/1639894062932148224/photo/1)
As you can see the length of time of these cycles is spot on as well.
The last bearish period lasted 38 bars and the current one is 38 bars as well.
No guarantees we are going to run for 2 years like last time, but the setup is certainly there.
I suspect the path of least resistance will be up over the next 2 years.
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