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bitcoinforever

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Long Investments
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Bullish
$BTC Chartists are drawing comparisons to a similar shape from mid-2022, but while they may look alike, they're actually quite different. 1. Candlestick pattern: 2022 had a double top while 2026 resembles a head and shoulders formation more. 2. Support level for 2022 was weak; 2026 has the 60k zone which is the old peak of the previous cycle (and you know how history tends to hit old cycle peaks and then bounce back). 3. No Gap: 2022 had a significant gap, whereas right now there are no gaps at all. ... And there are numerous other differences, so trying to fit them into the same candlestick shape is unrealistic. If you believe the price will bounce back from here, then go for spot/margin buys. Futures can easily sweep your stop loss, even if it's just a 5-10k price move! #BitcoinForever
$BTC Chartists are drawing comparisons to a similar shape from mid-2022, but while they may look alike, they're actually quite different.

1. Candlestick pattern: 2022 had a double top while 2026 resembles a head and shoulders formation more.
2. Support level for 2022 was weak; 2026 has the 60k zone which is the old peak of the previous cycle (and you know how history tends to hit old cycle peaks and then bounce back).
3. No Gap: 2022 had a significant gap, whereas right now there are no gaps at all.
...
And there are numerous other differences, so trying to fit them into the same candlestick shape is unrealistic.

If you believe the price will bounce back from here, then go for spot/margin buys. Futures can easily sweep your stop loss, even if it's just a 5-10k price move!

#BitcoinForever
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