So basically last year was full of great ups and downs, but this years bitcoin doesnt have that amazing news or the great interest from the people who doesnt invest or doesnt own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?
/discuss
In forex we called the three face of price movement cycles as upwards trend, downwards trend and sideways trend and that can also be referred to as waves. I think we are not going to have automatic price movement that obey technical indicators but time to time thing happened that do set the pattern a side.
We are in bad trend and not even showing pumps since from the start of this year. Many were questioning us about its trend, it is not a normal trend anymore. Any indication for the bull runs still missing and it really don't have. This fluctuations aren't similar to what happen in previous years thus we can't draw a chart for it for what could be possible to happen in the next few days and soon.