Amazon and BTC logical comparison and buy/sell tactics

Amazon's main trend is shown. And the logic of actions on bitcoin, both for those who understand what trading, hype and trend are, and for completely inexperienced traders.

Amazon during the internet bubble. One of thousands of similar ones at that time (everyone knows bitcoin). Depreciated by -95% during the collapse of the bubble of Internet companies.

The action is chosen for clarity. The trading situation is roughly similar to a double top. Everything is shown clearly to understand the logic of actions.

Past trading situation and the implementation of the double bottom goals according to the TA classics, during the pumping / dumping of Dotcom wrappers on AMAZON shares



Bitcoin secondary trend now.

BTC/USD Just comparing % with the fall in 2013-2015