BTC NEAR IMAGE OF THE 2014 CRASH AT THIS MOMENT ON THE LOG SCALE

19 mar 2019

Good morning, evening, night for whoever is checking out this nearly imperfect BTC chart. After doing much soul searching and watching other analysts I found that BTC looks as much as identical to the 2014 bear market every day. If you check out the chart, I think that it mostly speaks for itself. I know that most people are saying we have been in a ascending wedge since we hit bottom. Yes, but so were we in 2014 before we hit the down side once more. If you take a look at the bottom of the chart you will notice I have it in log, also with the stoch rsi on. The stoch rsi on the weekly for bitstamp has proven to be nearly 100% when calling for a PA in BTC up or down, with significant percentage drop or rise. After looking at every major cross I have noticed an average of 20-40% drops in price on bearish crosses. We are currently at 100 and the highest since 2017 of Dec. We are due for a major correction/fall. We rose to bull run status with very little PA from BTC. I drew trend lines on the chart to show a channel btc has been in, and coincidently it lines up with our current bottom as well as others who predict btc at 1800$. My box compared to the 2014 box are identical in nature and the price drop from the top of the stoch rsi chart showed a 55% drop from 2014. If that were to happen again we could potentially see the same here in the coming weeks/months to around 1900$. Thanks for checking out my chart. Hope this helps others thing outside of the box.