The merchant dealer who is drenched in bitcoin correction before the half. He sees that BTC begins in a high equivalent ral
A strategic encryption expert, who was carefully called Bitcoin, believes that BTC is close to provoking an equivalent gathering based on historical precedence.
Rekt Capital informs his 533100 followers on the social media platform that Bitcoin in the 14th week of the price discovery stage-the Taurus market stage that started when Bitcoin crashed in its previous session late last year.
According to traders, historical data Suggest BTC may be two weeks from starting its next leg.
“In the 14th week of the 2017 session, Bitcoin was recovering from the first price discovery of it only to make new levels in the 16th week.
In the fourteenth week of the 2021 session, Bitcoin was still at the first bottom at the first correction of the discovery of prices only to make new levels in the 16th week.
It is the 14th week now. ”
Rekt Capital notes that the merchants who to reject To empty the BTC Mixture amid the correction it is likely to be rewarded in the coming weeks.
“Based on these data, here is how to deal with these coming weeks in discovering prices when it comes to bitcoin:
Functions 14-15 = hodl with patience (holding the life of my dear)
16+ weeks = optimistic about confirming the direction of discovering the second prices. “
Also circulated High He believes that the bull bitcoin market has a long road.
“It is still relatively early in the BTC equivalent stage of this course.
Historically, this stage lasted on average about 300 days.
Bitcoin 82 of its equivalent phase. “
At the time of this report, Bitcoin is traded at $ 101,163.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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