Bitcoin going for new yearly high.
Its clearly unhealthy that we have green 7 weeks in a row, even in the bullmarkets there were pullbacks somwhere. I dont understand why so many people picture the future of crpyto in a staight line only upwards. Its important to have pullbacks!We have actually had quite a few times in the past 4 cycles where in the lead up to the major bull market we have had 6 green candles on the weekly and the 7th was a 20% or so pump. Obviously the 8th week is a pull back and this is what I would imagine most would be expecting, however the pullback doesn't need to be back to the 20k's I would suspect mid 30ks
We have actually had quite a few times in the past 4 cycles where in the lead up to the major bull market we have had 6 green candles on the weekly and the 7th was a 20% or so pump. Obviously the 8th week is a pull back and this is what I would imagine most would be expecting, however the pullback doesn't need to be back to the 20k's I would suspect mid 30ks
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