But what's next? The obvious thing to do is keep following this accurate comparison. For that reason I have made an extension of the pattern.
As seen on the chart what followed after A made its (G) top, it entered into a Channel Down that led to a pull-back almost as low as the (F) Low. A short consolidation succeeded this pull-back, that paved the way to the new Parabolic Rise of B.
Looking also closely at the LMACD and , they are currently repeating the A sequences.
Of course every situation is different and BTC doesn't have to follow the exact same pattern. But historically Bitcoin tends to repeat sequences within its long-term cycles.
Do you think this move can be repeated? Feel free to share your work and let me know in the comments section!
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That does, hwoever, somewhat support your projected drop on the chart... so yah I guess we could get that accumulation opportunity down near 11K, and if so your projected prediction will have been fairly spot on. It will be interesting to see what happens here!