dragonfishy

BTC has further to go in this pullback ~50% is possible

Short
BITSTAMP:BTCUSD   Bitcoin
When you zoom out, and look at the potential for fractal self similarity, there would need to be a retracement about 2.5 times as great as the 20% we have seen so far... or 50% from recent highs.

The signal is bearish, which supports the possibility.

Bitcoin volatility is not confirming this, but that could change quickly.

Not unprecedented pre-halving behaviour.

Hey, I'm a HODLer, but .... self similarity?
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