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Bitcoin - Where we are now in comparison to 2015 chart

Long
Bitcoin Liquid Index (BNC:BLX)  
GlobalTrader_ Updated   
BNC:BLX   Bitcoin Liquid Index
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTC BTCUSD Cryptocurrency trading
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trendanalysis chartpattern indicator bitcoin btc btcusd cryptocurrency trading
Looking back at the weekly chart of BNC ( BTC ) in the week of July 6 2015. We can see after creating the 1st higher high that the candle got rejected of the 50weeklyMA and where the RSI was overbought at the sametime. We are currently in the same situation. If history is set to repeat we are looking at a 35% retracement which in todays comparison is around $3430
Comment:
Order cancelled:
Above 50 weekly MA, formation now has changed from 2014-2015
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