Trend analysis of $BTC after breaking the previous high twice:

【Common ground】

1. In the first two cycles, the week when the currency price reached the previous high ended with a negative line.
2. After reaching the previous high, there will be two callbacks, one in the week when it reaches the previous high, and one in 1-2 weeks after breaking the previous high.

【difference】

1. The first time it broke the previous high, the two corrections lasted more than 2 weeks; and the second time, each correction lasted 1 week.

2. In the first cycle, the two corrections were both above 30%; in the second cycle, the two corrections were both within 20% (17% & 10%).

in conclusion:

1. In every cycle, the price will fluctuate near the previous high for a long time, with at least two corrections of different amplitudes.

2. After a correction, there will be a crazy rise for at least one month, and then there will be a major correction! (The first round is 2 months, the second round is 1 month)

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