Bitcoin Trends in 2022
In 2022, price trends in the cryptocurrency market continue to be an important indicator of the future direction. The largest price movements in Bitcoin in 2022 were preceded by smaller price moves in the same direction. The arrows in the chart below show these occurrences. The chart is the daily BTC/USD price from Nov 2021 to Oct 2022. Most altcoins have followed a similar pricing trend as Bitcoin.
These price patterns match prior patterns, the linked document reviews 14 significant prices moves from March 2019 to March 2020 https://quantifycrypto.s3-us-west-2.amazonaws.com/pdf/Quantify+Crypto+Trend+Indicator+Synopsis+May+2020.pdf
Bitcoin Nov 2021 - Oct 2022.png