Gravitationalwave

Frightened! BTC spotted a big bear flag precursor

BITSTAMP:BTCUSD   比特币/美元
Observing the price history of BTC , I found a precursor to the bear flag that cannot be ignored. The monthly chart is a typical 123 reversal trend. Once it breaks through the potential point 3, it will fall below $ 3,000.
This is not groundless. The Dow Jones Index (DJIA) also took this pattern from 2003 to 2009, and the results fell sharply into a bear market. History is very familiar, but it will not be repeated easily.
In 2019, when BTC rose above US $ 13,000, the transaction volume compared with 2017 US $ 20,000 was greatly reduced. At the same time, the monthly MACD is already a dead fork, which is a precursor to the big bear market.
Good luck!

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