Bitcoin is retracing after an epic run up out of a bear market selloff. It is important to remember that these bull market selloffs are normal to Bitcoins historic trading patterns. 2017 was an epic year for Bitcoin exposure. Many on the sideliners that had listened to early participants of the 2013-2017 bull market when Bitcoin caught them flat footed in the 3rd...
On it's run up to 14k Bitcoin has followed several micro patterns that can be found within it previous price action history. I have laid out the 2017 parabolic rise above the chart to show how closely this trend has been following 2017. If you observe the 2017 parabolic rise to 20K you can see that at this point of the 2017 uptrend, there is a divergence in the...