Fun

This seems simple enough

lieutenantdan - 2024-05-12 21:59:54

It's all about angles


Some people say the bitcoin bull market is already over, but is it really?


If we look back at prior consolidation periods there is something very interesting that stands out.


The angles.


During a bear market the angles are up during the bounces before a lower low is made.


In bull markets the angles are down before breaking out to the upside again.


Like this:


image.png


(Source: https://twitter.com/misterrcrypto/status/1789737306481471834/photo/1)


It's all about angles.


The angles very clear that we are simply pulling back in a bull market.