Shocking Bitcoin TA comparison to 2015 Bear market
Namaste guys , I am publishing something unique and shocking ta based on 2015 bear market.
Explanation need bit time to understand comparison.
1) Bitcoin in Descending triangle time in 2015 was around 116D and in 2018 315D i.e around 2.8 times more
2) bitcoin in 1st slower accumulation in 2015 was around 61 D and in 2019 175 D i.e around 2.9 times more
3) Bitcoin then pumped more in both bear market and then formed small descending triangle under big triangle you can zoom in chart to see it.
4) Bitcoin near second descending triangle in 2015 was around 71 Days and in 2021 is around 210 days i.e around 2.9 times
5) today bitcoin is near 200 moving average same as 2015 .
It's about timing and pattern we might be near 1st box or may be near second.
I believe that we are near second box and we can still expect 35 to 40% drop.
What's your thoughts plz comment below
B
Explanation need bit time to understand comparison.
1) Bitcoin in Descending triangle time in 2015 was around 116D and in 2018 315D i.e around 2.8 times more
2) bitcoin in 1st slower accumulation in 2015 was around 61 D and in 2019 175 D i.e around 2.9 times more
3) Bitcoin then pumped more in both bear market and then formed small descending triangle under big triangle you can zoom in chart to see it.
4) Bitcoin near second descending triangle in 2015 was around 71 Days and in 2021 is around 210 days i.e around 2.9 times
5) today bitcoin is near 200 moving average same as 2015 .
It's about timing and pattern we might be near 1st box or may be near second.
I believe that we are near second box and we can still expect 35 to 40% drop.
What's your thoughts plz comment below
B
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