Wednesday, December 4, 2024

 

**Today, the 5th of December, all the media outlets are making a big fuss.** What's so special? Haven't we already discussed the "12. Bitcoin Monthly Chart" counter strategy on this battlefield?





                                                     Bitcoin Monthly Chart

If Bitcoin hasn't followed the strategy we laid out, it's time to put that chart study aside.

Did it break the upper boundary of a channel or parallel variation but failed to return? Let's not think too hard or overcomplicate things.

**Why is that:**

When resistance is broken, it becomes support, and when support is broken, it becomes resistance.






Read chapters 1-13 of Bitcoin. It's all connected, so here's another reminder. All charts with supply follow the same principles. The upcoming book is organised around the charts of Samsung Electronics and Bitcoin as the main time frames.

In the first edition, I already explained the Bitcoin strategy, and in this blog, I covered the live charts of Samsung Electronics. **Make sure to check it out!** all of them

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