There are some serious similarities on the bitcoin chart.
You can see the top applied to the 2 most recent ranges does look similar. Then, if you figure; the first top/drop/range, led to another similar patter that looks like the top/drop/range, well maybe this could happen again... another drop range
If so it could potentially look like this. Total guesstimate, complete crystal ball. Yes it is bearish looking, but again, just a thought.
You can see the top applied to the 2 most recent ranges does look similar. Then, if you figure; the first top/drop/range, led to another similar patter that looks like the top/drop/range, well maybe this could happen again... another drop range
If so it could potentially look like this. Total guesstimate, complete crystal ball. Yes it is bearish looking, but again, just a thought.