tareqbasil@bbs profile image
Feb 23, 2023

This is the annual bitcoin chart (each candle is a year)

We note that each previous market took a full year, and the year after that, two different things happened in the past two times.

In 2015, it completed a drop at the beginning of the year, and then it rose to produce an annual candlestick with a downward tail, in order to be a basis for the next rise.

For the second time in 2019, the year started with a rise and reached the highest annual closing in the previous bull market

If you want to search for a similarity or an optimist for the current year, and you want to know how many last of them can be

You can find a similarity between 2019 and this year, because the candle of this year started to rise

There is also a similarity on the smaller frame

If the similarity continues, then the price may have a maximum rise of 45k, which is the highest annual closing of the previous bull Market.

But do not forget that this is an annual candle, and it may have a drop inside it, and it will not appear on the candle if it goes up again.

This is a determination of the highest possible number only while keeping the bottom

Will there be similarities or will we see something different?

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