TradingView
OyeBeto
Apr 4, 2018 12:20 PM

Bitcoin, 2014 vs now 

Bitcoin / DollarBitfinex

Description

I took the 2014-2015 crash and overlapped it with the recent one. I scaled it trying to match the recent movements.

I think fractals are powerful because psychology remains the same and history tends to repeat but keep in mind this is just an extra point of view to be used with more detailed TA.

I'm willing to scratch this idea and start a new one if the market proves I put it wrong or if I come up with a better analysis.

Comment

This is where I took the bars patters, zoomed out:

Comment

This new analysis has the bars pattern with the same time scale as in 2014, not compressed as in my previous one.
I put the tags from the famous "Wall st. Cheat Sheet" where I think they correspond.
Comments
ok_Ty
What about correlating this to the first crash in April of 2013?
More