I came across this idea while looking at the 2019 spring/summer rally we got in btc. It was a mini bubble and had resemblance to previous btc cycles. In hindsight it should have been obvious but we all know what they say about hindsight. Trying to get ahead of the curve I began thinking how BTC will look when its all said and done and if we will end up having another obvious shape that will only be obvious in hindsight. My idea is BTC is essentially doing the same thing on much larger scale and that mini bubble we saw in 2019 was actually the first piece in the larger macro outlook. I outlined the similar structures/phases in like colors. It appears we are getting ready to rap up the yellow phase and make the final rally to what will be the BTC market top. Please take a look at my previous work as I have a line chart that spotted this early on and looking back I was surprised how close it resembled what I was comparing it to as it played out. I am expecting a final panic inducing test of the lows before we climb higher.
Tell me what you think.
Please like and follow if you find my ideas useful.
Also please comment on your opinion and show me your charts in the comments, whether you agree of disagree with me.
Lets keep it adult and respectful.
Tell me what you think.
Please like and follow if you find my ideas useful.
Also please comment on your opinion and show me your charts in the comments, whether you agree of disagree with me.
Lets keep it adult and respectful.
