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RE: Historically, Bitcoin performs exceptionally well after 3 consecutive weeks of red
now we have to be sure we are in a bull market but going on 300% profits in one year the chances are high
now we have to be sure we are in a bull market but going on 300% profits in one year the chances are high
Yep, I mean the chart has broken just about every metric you could define a bull market by. The only ones that work against it are how much off its recent high it is, though that is a much shorter term metric. In traditional markets they say when you pull back by greater than 20% you are in a bear market, but bitcoin and crypto have slightly different definitions than traditional stock markets I believe. Short term bear market within a medium and longer term bull market perhaps.