Uncanny similarities to BTC 2nd wave after Parabola breakout last cycle....Bouncing off top of Channel! Exactly where we are now. I'm getting very Bullish.
cool find but not very convincing, the last bear cycle for btc lasted almost 2 years just for the record. if you take the average percentage of the drops after previous highs you can see that price needs to hit the 4 k area before we can hope for another bullrun
pepper_nax
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2013: 2 — $250, 3 — $1 000
Now: 2 — 20k, 3 — 100k
weslad
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This BTC channel show entire BTC lifecyle
The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures we might be on for 8400-8800$ according to 2014chart.
Cryptopile
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@BTC4G I have seen this before, and have asked the question, but never got an answer from the other posters. What wave is the 2009-2012? This was a massive 1100% increase, so in my opinion is an impulse wave. If it is indeed wave 1, then we have just finished an extended 5. Your opinion would be appreciated. Chur
AlanSantana
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Great chart. Thanks for sharing.
Shared on my trade idea as well, you can find it here:
pepper_nax
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Very-very good Idea!
elshanti
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Agreed !
weslad
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BTC seems to bounce as largely expected of people that 58XX zone will do the magic. I saw a great analysis on the log scale showing exact price action on a re-test of major level. It worth looking at. If this is correct then BTC will be on with a great moves.