Here's a great chart to see when bitcoin is likely to run
There are so many good charts out there helping investors time the bitcoin moves.
Here's another one...
This one takes into account activity of older wallers.
IE they tend to get more active right before the big moves up...
Check it out:
(Source: https://twitter.com/CryptoCon_/status/1682373722160742400/photo/1)
These pivots have typically happened roughly 18 months before the price peak...
They have showed up right before the next big bull run starts, and it likely just showed up right now.
Comment:
This chart is indeed interesting and provides a unique perspective on predicting Bitcoin's future movements. The idea of considering the activity of older wallets as a potential indicator for significant price increases is intriguing. However, it's important to remember that chart analysis and predictions based on historical patterns are not foolproof. The cryptocurrency market is highly volatile and influenced by various factors, making it challenging to accurately time price movements. It's always advisable to conduct thorough research and consider multiple indicators before making investment decisions.
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