Turke

2015 price structure projection into 2019

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar

Taking the price structure from the 2015 bear market, it looks as if it fits well into the current market structure. I think that if a third test of the 200W holds, there is a good chance the worst of it is behind us.
We are in the purple scenario.
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Projected candles from 2015 onto the weekly chart. Green are the candles taken from after the low was in back in the last bear market.
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