$BTC Weekly spot level


No trading on weekends to study #KeXue
“Carving a boat to seek a sword” analysis of spot price and volume
The several marked positions in the chart
share common technical characteristics
After a period of decline, there is a surge in high-volume mass sell-off at low levels (a large amount + extremely large bearish candles)
Then, after a long base-building phase, it starts a new bull market cycle
That is to say
Panic sell-offs with high-volume are signals of either distribution/cleansing or bottom accumulation
Although we can’t say this is already the bottom, there are already preliminary signals
One-sentence summary: #We are already at the tail end of the bear market
*The charts use spot price charts
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BTC0.64%
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