BITCOIN Are we inside a mini cycle?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I will keep this post short as it is just speculation between fractals. However as you see the whole 2021 price action for Bitcoin is similar to the two years of 2018 - 2019. Higher Lows (green bases) with the last Low breaking an MA supportive trend-line to fake potential for an even bigger correction but eventually that formed the Bottom and kick-started a rally. The 1D RSI sequences are also quite similar. A noticeable difference is that 2018 - 2019 was on Lower Highs, while 2021 on Higher Highs.

What do you think? Are these two fractals comparable? If so, is BTC inside a mini cycle that has reached its bottom?

Feel free to share your work and let me know in the comments section!


Please like, subscribe and share your ideas and charts with the community!


Join Tradingshot's Account Management program!
*High monthly profit, +10000 USD accounts

💲 I am trading on PHEMEX the Best Crypto Trading Platform.

💰Claim up to $4100 sign-up bonus here ==>