Kosta Ouzas uses a chart pattern where a purple line sits above the white closing price line to predict Bitcoin bull runs. When the lines switch and retail investors start asking how to buy, the bull run ends. He says this pattern has held for every past cycle.
During. Just before a bull run, that purple line, it's above a white one. The white one is just purely pure price, closing price. And you see that situation is highlighted as green. In fact, you can say almost that the end of a bull run is marked by a switching between these two, when actually the price starts to do its own thing, driven mostly by crazy fomo. And you know this. When your grandmother wants to buy, he calls, you say, oh, how can I buy Bitcoin? Right? This is when you know that probably we are at the top. And this is. This is regions, you know, and just before the bull run, we are in a green region. And this happened every single time we had a bull run. Every single time.
