If we take the top of 2017/2018 chart pattern and APPLY it to the 2021 situation that we are in right now, you can see the exact same drop by 50% to the current levels, followed by triangle consolidation (just like the one that we are in) and then another massive dump. All level corelate with most important levels like 20K and 10k being the next bottom of this bear market THAT WE ARE IN right now !!!
Kommentera:
So the pattern was irrelevant but I still believe that the similar looking correction will happen. Question is, can we close above 45.5 k on the weekly ? If yes, then my analysis could be completely wrong and bitcoin is going for a new all time high this year.