LexMegas
Long

Bitcoin printing 2015 pattern that resulted in MASSIVE bull run

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Good day traders!

As you can see BTC is printing a very similar "cup and handle" pattern from back in 2015 that resulted in the most amazing bull run in recent history.

Just like in 2015 price has bounced off 200 SMA line and broke above 100 SMA line.

If this fractal continues to play out, a pullback to 100 SMA is possible before continuing the bull run. The current bull run could prove to be even more spectacular!
tks for sharing
this is my chart
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i wish it could happen but reality will be totally different :)
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agree i dont think it will go a lot down max -30%
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Interesting analysis, appreciate your work!
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LexMegas BillCharison
@BillCharison, thank you!
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let's agree to disagree ;-)

+2 Reply
LexMegas MichielVan Kets
@MichielVan Kets, thanks, I appreciate your thoughts
+2 Reply
Or should I say January 2013 - larger version
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A larger version
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SO far, it has been more like a 2013 pattern
+2 Reply
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