BTC - What Bitcoin's Bubble of 2017 might teach us now!
I recognize a pattern here! Let's have a look...
The bubble of 2017 was huge - way larger than the latest one and way slower - therefore I assume that conclusions have to be adjusted accordingly.
But nevertheless I recognize a double top there followed by a sandwich between the daily 21 and the 55 that pierced directly through the 100 down to the 38.2% retracement!
Hold your breath - 2017 was much larger in scale and slower than nowadays - but we escaped the 100 daily to retest the 50 and the 21!
Might we follow a similar pattern today?
The bubble of 2017 was huge - way larger than the latest one and way slower - therefore I assume that conclusions have to be adjusted accordingly.
But nevertheless I recognize a double top there followed by a sandwich between the daily 21 and the 55 that pierced directly through the 100 down to the 38.2% retracement!
Hold your breath - 2017 was much larger in scale and slower than nowadays - but we escaped the 100 daily to retest the 50 and the 21!
Might we follow a similar pattern today?
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