Bitcoin market cycle fractal!

2018년 10월 6일

Hi,

I spotted this on the 1 minute candles today. Came back later to see an entire market cycle fractal had been produced. This is crazy to me so I decided to immortalize the event in video form, complete with labels and potential levels that may prove useful in the distant future.

Enjoy the ride.

2018년 10월 6일

노트

Personal view: (nothing new)

BTC will bounce hard off 5k and into a bullrun.
BTC crater to sub 3k eventually
No new all time high(if ever) until these two things occur
These events will take a long time to complete. So as a long term INVESTMENT, don't hold more than a minor hedge in your cold storage. Trade actively or put your capital elsewhere until true capitulation.

The real takeaway:

Market cycles repeat over and over again and incredibly, can occur on minute time scales.