The comparisons to 2013-2015 bear market have been made ever since the dec-feb collapse and while premature, lining up pitchfork slopes & yearly avg gives the fractal even more accuracy. And the price & RSI we're trading at now is key.
The driving factors for the collapse (bear market) throughout 2013-2015 were far more serious than anything now and although the fractals may signal a similar pattern lower post yearly average break, the driving fundamentals may not be present. Mt.gox bankruptcy and silk road closure annihilated the demand for bitcoin, and unless a top 5 exchange is successfully toppled that demand will not be evaporated.
The driving factors for the collapse (bear market) throughout 2013-2015 were far more serious than anything now and although the fractals may signal a similar pattern lower post yearly average break, the driving fundamentals may not be present. Mt.gox bankruptcy and silk road closure annihilated the demand for bitcoin, and unless a top 5 exchange is successfully toppled that demand will not be evaporated.
Nota
Nota
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.