has seen the first bear market rally, the price still has a ways to go to get back into the power-law corridor’s lower band.
In order for the price to do so now, the price needs to be just above the $35K range. The price of bitcoin has never breached below the low band line for so long, and it is unusual when looking at’s 13 years of price cycles. The break shows that markets often follow specific mathematical laws, patterns, and models, but these types of technical methods don’t always ring true.
Currently, the latest bear market rally and other factors indicate that it’s quite possible the bottom is in for this specific crypto winter, but as charts and signals like these have broken in the past, it means no one can truly guarantee the crypto market bottom is in.
dude, are you kidding? 6% rate? LOL, u better simply get GMT tokens and receive like 24% rate worth BTC with DAILY profit! its much better, besides, you can sell your tokens anytime you want!
That's why price models don't work. I prefer to use moving averages and consolidation levels on Bitfinex
These price models have no data on how crypto reacts to a wider economic pullback (recession) so it’s no surprise they’re breaking when one arises 🧐
Why ain't the media talkiing about this
Why is the mediaa keeping thiss a secret
Whyy did the media keep a blindd eye on this
🚀 Thankss a millon
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »