We had a lots of people talking about the 2013 bitcoin crash, but no one believed it. It was finally pretty accurate in term of percentage of retracement, or even about the duration of the downtrend. So we can tell it was following a similar pattern. We're not at the peak after the bottom ( 190$ at the time, 3100$ now ). There was a huge buy volume during the first upward movement in 2013, and even if it's not really visible on the chart, i believe there still is a huge volume exhanged, according to charts.cointrader.pro/charts.html?coin=BITCOIN:USD
I also analyzed the BTC dominance, which is also following a similar pattern. And what should happen now is a retracement from alt ( which are not that bullish yet tbh ), some are but it's still shy and i believe they'll start their uptrend on the next movement. So according to the fractal, we should now see a little dump from BTC ( about 15-20% ) which should make alt dump either, then BTC will start a upward movement, and when he will has made his top, Alt will start the real movement.
1) Bitcoin dump a little bit ( to make a range ) 2) Alt follow 3) Bitcoin break the range and up 4) Alt dump during this time 5) Bitcoin dump (after de 20k hit) 6) Alt start their uptrend
I drawed a schema on the chart, which is a general pattern based on the 2013 fractal ( which is the 2015 btc pump ) but the value are probable not accurate ( prices as much as timeline ). I tried to make it as accurate as possible but there is no certitude in trading.
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