CoinChartist

Comparing the 2019 and 2020 Bitcoin Bull Rallies $BTC

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin's recent uptrend doesn't look finished, according to the last bull rally.

Both rallies had a golden cross of the 200-day and 50-day moving average, and each time resulted in an immediate ~10% crash.

After that, there was an enormous upside. Even both 'bottom' structures look extremely similar.

CoinChartist is run by Tony "The Bull", a level 3 CMT student & technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!