Crypto Trader Used This Strategy To Avoid 2021 Bitcoin Crash ‘From $58K To $28K In A Matter Of Weeks’
Pseudonymous cryptocurrency trader CryptoJelle, shared a simple yet effective strategy for determining the peak of a bull market. What Happened: In a comprehensive X (formerly Twitter) thread on Tuesday, CryptoJelle laid out the concept of market structure analysis. This approach entails a deep examination of market highs and lows to identify overarching trends and anticipate potential endings. According to CryptoJelle, a bearish market exhibits a consistent pattern of lower highs and lower lows. A deviation from this pattern signifies the beginning of a bullish trend. Conversely, a bullish tr…