Here's a slight variation from my previous fractal idea of the April-Nov 2013 Fractal laid over current chart. Previous idea linked below had fractal playing out starting from the high, with the # of days from the high to finding a new higher low 88 days later.
For this idea I used slightly different data (fractal overlay from Mt.Gox chart rather than Bitstamp) and aligned the lows rather than the highs, given that the dumps back then were near instant vs the slow drain we're experiencing now.
This implies a longer time horizon compared to the previous fractal, with us finding another bottom upon retesting the $6k zone some time in July before re-entering bullish accumulation before the next parabolic move in the beginning of 2019.
Still just spitballing here with exact dates/time horizons, however I still believe we are in the same kind of several month long lull before the final push to $100k begins at some point later this year.
For this idea I used slightly different data (fractal overlay from Mt.Gox chart rather than Bitstamp) and aligned the lows rather than the highs, given that the dumps back then were near instant vs the slow drain we're experiencing now.
This implies a longer time horizon compared to the previous fractal, with us finding another bottom upon retesting the $6k zone some time in July before re-entering bullish accumulation before the next parabolic move in the beginning of 2019.
Still just spitballing here with exact dates/time horizons, however I still believe we are in the same kind of several month long lull before the final push to $100k begins at some point later this year.
Comment:
oh lawd pls
