taxfreelt

Thank you for your confidence and suggestion. I'll do my best to live up to it

This is seasonality and elliott waves

Bitcoin love seasonal patterns Next big trough in bitcoin in october november. Here it is seasonal prognosis line Same seasonal picture we can see for example in GBTC - crypto fund, where september bad month for shares and october good one I think bitcoin will end big flat correction from may 2021 by this time

"A corrective pattern is countertrend to the larger trend in force" Every time an obituary is written for Bitcoin, the granddaddy of cryptocurrencies manages to resurrect. As a Jan. 25 CNBC headline noted: Investors fear 'crypto winter' is coming as bitcoin falls 50% from record highs The day before that headline published, Bitcoin had briefly dipped below $33,000, far below its November high of nearly $69,000. At that time, the entire crypto market had shed roughly $1 trillion in value since that all-time high in Bitcoin. Also around that time, Russia's central bank had proposed banning the use of cryptocurrencies. Read futher