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.
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.
interesting 🤔
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Upvoted! Thank you for supporting witness @jswit.
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@happycapital please teach me work 😁
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Gerat post
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Wow great post
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