astromaniak

The correction on BTC is getting longer.

Short
BITSTAMP:BTCUSD   Bitcoin
Comparing the 2017 and 2019 bubble, we see a lengthening in the current correction. The 2019 bull market began only after breaking the fourth dashed line. We have only broken the first line in the current downward trend. If both these corrections behaved similarly, the new bull market would not start until the end of 2021. Of course, looking at the past is often wrong and history is not always repeated. I leave it for you to think about. Regards.
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