Bitcoin's weekly chart is looking spicy right now. The setup on the weekly timeframe is clearly putting bears in a tough spot, and it's probably keeping cycle traders up at night too. The kind of price action that makes you question all those "four-year cycle" calls people were making earlier.

BTC-3,8%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
StablecoinArbitrageurvip
· 4h ago
ngl the weekly structure's been breaking my models too. those cycle theorists are gonna have a *real* hard time reconciling this with their excel sheets lmao
Reply0
OneBlockAtATimevip
· 6h ago
This weekly pattern is really tense; the guys who believe in the four-year cycle theory are about to be proven wrong.
View OriginalReply0
VitalikFanAccountvip
· 01-17 17:58
The weekly chart definitely has some flavor to it. The four-year cycle theory now looks a bit awkward.
View OriginalReply0
ProbablyNothingvip
· 01-17 17:32
The weekly chart definitely shows some substance. Those who previously hyped the four-year cycle should be regretting now.
View OriginalReply0
EthSandwichHerovip
· 01-17 17:31
Is this wave on the weekly chart about to take off? I always feel like it's going to crash...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)