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DrJLT

Bitcoin incoming correction similar to 2015 before bull cycle

Short
Bitcoin (BITSTAMP:BTCUSD)  
DrJLT Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD
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trendanalysis chartpattern indicator btcusd
Similarities are highlighted by circles. The moving averages are the key levels to watch for.
Comment:
What's interesting is that the USDT situation has led to many people buying into Bitcoin as a "safety" haven.

It's conceivable that once the tether situation wears off, the correction will begin.

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