Orriginal

Bitcoin PA (Linear) and the 50 EMA repeating pattern

INDEX:BTCUSD   Bitcoin
On the main image, As noted on the Day counts, See how the 50 EMA ( red) was under the PA at the ATH but dropped below arounf 270 days later.
It then remained below PA for around 700 days from ATH and then, now it has broken above again, we are climbing.
Now compare that to the 2013 / 2014 PA
Same days counts and PA back above, it Rose steadily to a New ATH in 2017, 777 days later.

If you Look at the image below, Not only is PA following the Fractal, but thsat 777 day count brings PA right up to the 4.236 Fib line around April 2025, which has confluence with many charts
There re so many things going on with PA right now, that just copies the past, it is a little unnerving to be honest but at the same time, IT IS SUPERB
These Cycles DO Exist, no matter what is said or done to try and stop them.
However, it take three points of contact to make a trend line.
Rgus us ibkt rgw 2nd time "Trend Motion" has happened......
It may not end up like this at all and so , please be cautious...However, It is uncanny.....
Enjoy

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.