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- Hey Square fam! How many Alpha points have you racked up lately?
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Dare to trade. Dare to win.
BTC weekly level oscillation, Bull Market is about to end.
1. We can see that Bitcoin fell 2 central plus divergence from November 2021 to December 2022, so Bitcoin started this round of increase.
2. This rally also experienced 2 consolidations, because in most market situations, when two consolidations diverge, it ends, with a probability as high as 85%, so we can conclude that the BTC Bull Market is basically over.
3. From the perspective of the daily chart, it is also a trend of oscillation, and oscillation means the rhythm of high short and low long.