OBR

Bitcoin market cycle fractal!

OBR Updated   
BITMEX:XBTUSD.P   Bitcoin
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.







Comment:
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.
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