Chart analysis is studying the past, Bitcoin is starting to lateralize like in November 2020 and 2016. It led to the fall of several altcoins
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Business Investor
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Bullish
In 2016, days after Bitcoin's rise following the US elections, BTC fell and sideways for 15 days until the end of November. Soon after, at the turn of November into December, BTC showed a strong appreciation that lasted about a month, similar to what happened in 2020.
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