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Dom-B-Media
Feb 5, 2021 11:43 PM

BITCOIN COMPARISON 2017 Vs 2021 Short

Bitcoin / U.S. dollarBitstamp

Description

Just my observation, but does something look familiar about the pattern of the ATH 2017 and the ATH 2021. #justsaying #bitcoin #cryptocurrency
Comments
molbioinfo
Totally... all the fuss with institutional investors getting bucketloads of BTC is foaming the FOMO. It sounds like a great time for whales and miners to sell at a steady pace and high prices, and if there is another 20% drop people will freak out and cascade-sell.
The irony is that I think this, and maybe in 1 month time I'll be thinking oh man, not 65K, I should have got some of it!
Up or down, happy trading!
molbioinfo
@molbioinfo, not in 1 month, it was 2 months to reach 65K, hahaha.
Shredheed
Looks like massive unstable parabolic curve on new ATH , steeper than 2017, wait and see I guess!
Dom-B-Media
@Shredheed, Totally agree, and what goes up, must come down
bumpystart
Agreed it’s looking a bit “memish”
EasyCharts
Nice analysis. Im sure there will be plenty of large pullbacks on the way to the moon
Dom-B-Media
@EasyCharts, Indeed, I feel the next big pullback over the coming months will be around 24,000
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