I am sorry if it is not news for everyone else< I am new here and new in Trading.
I created pattern from 2017 ATH and scaled it for resent to peaks. I had to shorten it horizontally and longer vertically. That say to me that BTC market is more dynamic and fast having bigger amplitude. Also, I can see how it perfectly matches tops and bottoms of 2 waves pattern.
When I apply same pattern to second peak, I had to scale it horizontally makes it longer. This says to me that market loses dynamic. I scale it so that top and first bottom matches. The second top matches automatically. It is hard to believe this is coincidence. I think this will play along same scenario. Perhaps we will not see 32k\BTC even again, but it also logical BTC corrects to 40k in order to accumulate for the next surprise.
I created pattern from 2017 ATH and scaled it for resent to peaks. I had to shorten it horizontally and longer vertically. That say to me that BTC market is more dynamic and fast having bigger amplitude. Also, I can see how it perfectly matches tops and bottoms of 2 waves pattern.
When I apply same pattern to second peak, I had to scale it horizontally makes it longer. This says to me that market loses dynamic. I scale it so that top and first bottom matches. The second top matches automatically. It is hard to believe this is coincidence. I think this will play along same scenario. Perhaps we will not see 32k\BTC even again, but it also logical BTC corrects to 40k in order to accumulate for the next surprise.
Comment:
There is another interesting thing here. According to 2017 pattern our first peak lost one wave. This also confirms that market increase dynamics. So it might be possible that after second peak we will lose another wave and after we reach 52k, we will have small correction after with pump to new hights.