Hypto-Crypto

2012 and 2013 Bitcoin parabola comparisons

Long
BITSTAMP:BTCUSD   Bitcoin
On the left side we have the 2012 run. On the right the 2013 run.

RSI has a lot of similarities during these runs and could give us a hint on where we might be in the run itself.

2012
The RSI and the fractal of 2012 has been followed quite nicely all the way from december 2018. Only as of late the fractal broke because of a steeper parabola.
The RSI hints that we are close or actually at the top of the run.

2013
The parabola itself resembles the one from 2013. RSI is also similar to what we have now, although it doesn't fit as nice as 2012.
I do like the position of the fractal here relative to the regression curve, it's pretty much the same as 2013.
Here we will have another crazy push higher.

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