I don’t usually take the chart serious, as what we see in charts are what already happened, and this crypto market is heavily affected by the general financial and economic situation…
I just know that:
- the statistics of the U.S inflation is not favorable (it raises although the interest rate stands high)
- the U.S. GDP growth is unfavorable, either.
- U.S. local bank(s) start to fall again…
Don’t know what FED decides to do next… but if there’s a financial crisis … 😮💨
Anyway, if there is, it’s the situation of months in the future.
BTC may have been through 4 halving(s), 14 years, quite a long time but it has never gone through a true financial crisis like the one in 2008.