BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
1381 7
from high to low and from high to high
Comment: I have a post about the differences between last time and this time;
because despite the similarities, there are obviously plenty of differences;
@nDman_sk, it dropped 40%, right?

not sure what you're comparing there ... did you squeeze it or so?
are you comparing where we are now with june 2014?

nDman_sk MichielVan Kets
@MichielVan Kets, Yes, may or june of 2014.
this was a parabolic move though, which bears more similarities with the parabolic move in october 2015
it is not at all similar to the 2nd bump you are pointing at, none of the first 2 bumps in 2015 were parabolic!
+1 Reply
@moonsie, yes, but ... last time there was a significant drop below the trend line, so if we're going to make the assumption that this time will be similar to last time; we should see a significant drop below the long term trend line

that doesn't mean it has to happen, but if it doesn't happen ... maybe it's time we stop comparing to the past all the time, as this time is obviously very different;

Hoping for a scenario like this.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out