Take a look at BTC yearly candlestick charts. What's something in common?

in hive-103599 •  last year  (edited)
2013~2015

2017~2019


I found something interesting. In the previous bearish markets, next yearly green candles after yearly red candles didn't reach the highest price of the red candles.


1000006023.jpg

Take a look at this cycle chart. Last year was the most terrible year for crypto investors. The color of the candle is red. This year color is green. So, if it follows this pattern, this year the highest BTC price wouldn't reach $48.2k.

If Q4 this year is luckily a bullish market, In my opinion, the target BTC price is $40~45k.

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interesting 🤔

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Gerat post

Wow great post