We're crashing: this was a point of no return in 2014.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Anatomy of the 2014 BTC crash: it's the same pattern we have now, except we were traveling at about 0.38x the time scale - then our double top was cleaner and we started moving even faster relative to it.

We broke the 0.302 Fib retracement for the continuous weekly bull run since 2015 (7690) today. The comparable resistance line in the 2014 crash was tested several times but nothing more than a candle wick finished above it for ~1.5 years.

Keeping in mind - the timepoints here in 2018 are proportionally all smaller than the 1.5 year pattern from 2014. Still, proportionality assumes all else being equal. I'm not sure all else is equal in the world in 2018 versus 2014, either economically or politically.

I'm an amateur and you should definitely not take what I say as financial advice. I would love any feedback.
My volatility-based indicators are available for sale at

Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord
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