demoxbt

Bitcoin: Am I seeing things?

Long
BITSTAMP:BTCUSD   Bitcoin
We MUST stand out from the pack in markets like this, because 90% will get crushed, while 10% will do very well. The pack right now remains extremely bearish, even though we have bullish signs that I posted in my last chart for. Am I see things? Bitcoin has repeated almost the exact same % drops from the last bull run this bull run. This tells me a rebound is imminent. I have also labeled the emotional feelings of buyers and sellers in the chart. They look almost the exact same as the last bear market. Take note that the biggest and last drop for the last bear market was a 45.5% drop, this time it was 45%, coincidental? I don't think so. Let me know what you think! I wish you good luck on your trades!


-Trader A

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