INSANE correlation between 2017 & 2021 Bitcoin charts! 롱

Bitcoin all time history indexINDEX

설명

⋅ 2021년 3월 12일 오전 4시 6분

Take a moment to appreciate this beauty...
The upper chart is 2021's current situation, the lower one is 2017's bullrun.

Pay attention to the brushed drawings on the chart and the respective Fibonacci levels. Pretty much EXACTLY the same!!

>> This suggests we're topping out in short-term at ~63k and going painfully down to the 42k area once again, before continuing with the bullrun.

I've been mind-blown with this. Seriously. Whales pumping or dumping didn't change the game that much after all!

Backtesting works.
Safe tradings, everyone!

"History doesn't repeat itself, but it often rhymes" - Mark Twain

코멘트

GhasemiNejad

⋅ 2021년 4월 26일 오후 10시 59분

Wooow ! Mind blown ...
Great work ! keep it up !

B4Baggio

⋅ 2021년 4월 27일 오전 12시 32분

@GhasemiNejad, Thank you!

Hexxi

⋅ 2021년 3월 13일 오전 2시 1분

I like using fractals too, but you need to look at the historical context : wsj.com/articles/china-to-shut-bitcoin-exchanges-sources-1505100862

B4Baggio

⋅ 2021년 4월 26일 오후 1시 15분

@Hexxi, you were correct. Thanks for the heads up!

Hexxi

⋅ 2021년 4월 26일 오후 3시 11분

@B4Baggio, good fractal though, it did call a local bottom just not as severe without the FUD

Beefchest

⋅ 2021년 3월 12일 오후 7시 31분

Makes sense, we are in the B-wave up to the 123.6 percent of Wave A at 62000. The next C-wave down could indeed take us all the way to 40k if my math is correct :)

B4Baggio

⋅ 2021년 3월 12일 오후 9시 15분

@Beefchest, correct. I would love to see that. We need a healthier correction imo.

umeister

⋅ 2021년 3월 12일 오전 5시 59분

Is possible

nivlem

⋅ 2021년 3월 12일 오전 4시 43분

shorting at 62? ;D