Intraday Market Thoughts

11th Week Validity Prevails

by Ashraf Laidi
Feb 4, 2022 16:33

Remember Bitcoin? The 11-week duration featured in my video from nearly 1 month ago continues to hold valid. BTC never had a closing week below 35K, which means the 11-week validity persists-- just as it did in Spring-Summer 2021. Whether it is Facebook signalling the flaws of Internet 2.0 vs Internet 3.0, cyclical fractals at play or a bit of help from USD exhaustion, 11 weeks is ...eleven weeks. The original and updated charts are posted together below. 

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11th Week Validity Prevails - Bitcoincountcover Updated Feb 4 (Chart 1)


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