Jokes aside, here we can see past movement being replicated sucessfully, question is will bitcoin manage to do it again?
The percentage drop from the top orange lines to the middle orange lines has been more or less equal to the percentage drop from the middle orange lines to the bottom red lines.
A break and close above that very same middle orange line has also been the beginning of a fierce vertical bullrun for Bitcoin in both 1 and 2. (Also look on the )
The purple box marks the spot for the bottom, according to Bitcoin history. A Wick to the bottom of it around 2100~ with short or long consolidation at the higher end of it around 2700+.
The white down has also been tested in 2 before doing the last drop to the bottom, it seems bitcoin wants to do the same now again, tapping the around 4500-4900 Either now in Feb or March.
OR the bottom is already in, who knows...
But there´s always a risk, so don´t be too sure my friend, maybe it only goes to 4300-4400...