🔥 Crypto Will Be Fine: Yearly Candles Predicted A Good 2023
In this analysis I want to take a look at one of my more popular analyses that I did in December 2022.
The analysis was simple: one red year means three green years for BTC. My expectation was that BTC was going to perform well in 2023, which was quite a contrarian thing to say back then.
For fun, take a look at the comment section and see how many people were bearish at 17,000$. Traders have a tendency to short bottoms and long tops.
One year later, and BTC is trading at roughly 2.5x from a year ago.
One year from now, we will likely be trading above 42.7k. 2025 will be a great year as well, 2026 will be another bear market.
Long-term trading is easy if you know where to look.
The analysis was simple: one red year means three green years for BTC. My expectation was that BTC was going to perform well in 2023, which was quite a contrarian thing to say back then.
For fun, take a look at the comment section and see how many people were bearish at 17,000$. Traders have a tendency to short bottoms and long tops.
One year later, and BTC is trading at roughly 2.5x from a year ago.
One year from now, we will likely be trading above 42.7k. 2025 will be a great year as well, 2026 will be another bear market.
Long-term trading is easy if you know where to look.
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