I would like to follow the market trends with great interest and compare the current market price movements after the end of 2021 with previous bearish trends such as the 2018 bear market. I think the cryptocurrency bearish trend may have changed the pattern and took another dimension. . If you've been following the market trends, you've probably noticed that what's happening in the market right now is different from the 2018 downtrend, but yet another sign of a bearish move. What is your opinion
And what is the difference? So far, we are repeating the events of the previous cycle. For example, at the end of 2017, we reached ATH, then there was a strong sell-off, then a recovery, and after May, Bitcoin continued to fall. What happens in this cycle. At the end of 2021, Bitcoin reaches ATH, then there is a strong sell-off, and now there is a recovery. The one-year candle is now in the red range, as it was in 2018.
There is a possibility that this year will also end in a bearish cycle.