๐ Bitcoin Crash, Panic โ Is the Bull Market Over? Whatโs next?
Institutional Crypto Research Written by Experts
๐1-11) According to our analog model, the crash was supposed to come next week โ not this week. The September 2017 timeline appears to be a perfect overlay to the current rally which started end of January. Of course, those analogs rarely work perfectly, but they might provide clues about the market psychology at turning points and what might come next.
๐2-11) Our trading signals model triggered a โhigh volatility signalโ for Bitcoin that tends to signal the end of bear markets, but when the trend is up, this signal tends to be bullish โ with 8 out of the 10 previous signals making money. Still, when the signal didnโt work in the two out those ten events, prices declined -10% and -13%.