Is 2017-2018 Repeating Itself?

2 Jul 2019

The similarities of the Dec 2017 spike and crash of Jan-Fed of 2018 seem eerily similar to what we see today. In fact I highlighted the parts that seemed very similar. Color for color, move for move, and even the time frame seems quite similar. Within a few months, we saw a huge spike in the price of Bitcoin, than a quick decent. As of this posting;

• Bitcoin has "corrected" 30% from its high of $13,868.00
  
• RSI is oversold on 30min-4hr charts
  
• MACD crossed on 1-day
  

Thoughts?

16 Jul 2019

Dagangan aktif

The price of BTC is still following that downward slope, so until it breaks clear of that, I believe that similarities still remain very much the same.

5 Ogo 2019

Dagangan aktif

Bitcoin may break, start heading up without stop.

4 Jun 2020

Dagangan aktif

Look how the bottoms keep touching the purple trend line