Post
If history repeats, $BTC could be getting close to a bottom after five red monthly candles.
The last time we saw a similar stretch was during the 2018 to 2019 cycle when BTC
{future}(BTCUSDT)
printed six consecutive red months. What followed was a strong reversal with five green months in a row and a rally of about 308 percent from 3400 to 14000.
Not saying it has to play out the same way again, but historically this kind of extended downside has often appeared near major turning points for BTC
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
#BTC #Write2Earn
The last time we saw a similar stretch was during the 2018 to 2019 cycle when BTC
{future}(BTCUSDT)
printed six consecutive red months. What followed was a strong reversal with five green months in a row and a rally of about 308 percent from 3400 to 14000.
Not saying it has to play out the same way again, but historically this kind of extended downside has often appeared near major turning points for BTC
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
#BTC #Write2Earn