Is BTC drawing the same pattern as we saw on 2014/2015?
First, a 70% drop from ATH (from 1160 $ to 338 in 2014, from 20.000 to 5.840 in 2017) followed by a 100% recover form the bottom (from 338 to 675 in 2014, from 5.840 to around 11.800 in 2018). The last step is a drop to the 50% of the previous bottom: in 2014 it was 160 $, 50% of 338. Today it could be 2.900 $, 50% of 5.800.
Disclaimer: this is a personal opinion, not an investment advice.
First, a 70% drop from ATH (from 1160 $ to 338 in 2014, from 20.000 to 5.840 in 2017) followed by a 100% recover form the bottom (from 338 to 675 in 2014, from 5.840 to around 11.800 in 2018). The last step is a drop to the 50% of the previous bottom: in 2014 it was 160 $, 50% of 338. Today it could be 2.900 $, 50% of 5.800.
Disclaimer: this is a personal opinion, not an investment advice.
Nota
Still valid, G20 gave a little boost but there is still a lack of volume. We could have an invalidation only if the price break 10.000$ level with a huge green candle and enormous volumes (like February 6th).
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.