BTC divergences 2017 and 2021 side by side. Corrected.
So, following the theory that we are repeating the 2017 cycle but with the plus that we also are repeating the divergences from that year, on my previous ideas I put the short target down to 42k/30k based on the smaller divergences results: the price correction coming out from the divergences take the price down to the same price as when the divergence started. BUT that rule didnt apply for the big 2017 divergence, it only applied to the smaller divergences within the biggest one .
According to that same rule, we already touched the bottom price for this current divergence.
It only worries me the fact that this last divergence took a long time to develop and we are kinda stuck on the same price. Anyway we should start the bullrun again from now on.
According to that same rule, we already touched the bottom price for this current divergence.
It only worries me the fact that this last divergence took a long time to develop and we are kinda stuck on the same price. Anyway we should start the bullrun again from now on.
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