Bitcoin (BTC) Market Observation
Just wanted to publish a little observation i just stumbled across. looking at a 1D log BTC chart and drawing a date range from each of the only times the price entered oversold territory on the daily chart. from one oversold point to the other is almost exactly the same. there is one period that is overextended compared to the others but the other four are very intriguing and worth keeping in mind for further analysis.
Look at the date that the dips occured on as well...all were between the 10-17 almost every other month
Any thoughts? Just coincidence? Absolutely pointless? bears going back in hibernation or eating the whole village?
Look at the date that the dips occured on as well...all were between the 10-17 almost every other month
Any thoughts? Just coincidence? Absolutely pointless? bears going back in hibernation or eating the whole village?
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