HornHairs
Short

2014 Bear Market Fractal Idea

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Toying around with the previous market cycle, noticed some similarities in the occurrences of these past 2 M-top formations and decided to see what it would look like if we fell the same percentage that followed on the last smaller one as we did in 2014. Coincidentally (or not) -75% from ATH puts us right around a very strong support and bounce level at $5k. We'll see.

Previous bear market cycle for reference ->
While I totally see that as a possibility, that happened 4 years ago. I'm open to both possibilities. Here's a fractal from Sept 2017.

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