I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past
You are absolutely correct here. Even I have seen some people comparing the charts to previous cycles and predicting the future price.
While it may be a possibility, depending on it is foolishness in my perspective. History can show us how the market can behave but not what will happen in future.
If the market has pumped in the end of the year in previous bull cycles doesn't mean it has to pump this year as well.
The market can go in either direction without depending on the previous cycles and that's about it.