2014 repeat all over again?
In using a LINEAR Scale, the following two scenarios have some striking fractal/similarities. As much as I want to see bitcoin quickly tank to 3k bottom of value channel, it seems rather bullish still.
I suspect move could take us to ~11.7k+ on either the red or blue channel/bear flag shown before ~20%+ selloff back to trading range.
I suspect move could take us to ~11.7k+ on either the red or blue channel/bear flag shown before ~20%+ selloff back to trading range.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.