Is 2017-2018 Repeating Itself?

2019年7月2日

The similarities of the Dec 2017 spike and crash of Jan-Fed of 2018 seem eerily similar to what we see today. In fact I highlighted the parts that seemed very similar. Color for color, move for move, and even the time frame seems quite similar. Within a few months, we saw a huge spike in the price of Bitcoin, than a quick decent. As of this posting;

• Bitcoin has "corrected" 30% from its high of $13,868.00
  
• RSI is oversold on 30min-4hr charts
  
• MACD crossed on 1-day
  

Thoughts?

2019年7月16日

交易進行

The price of BTC is still following that downward slope, so until it breaks clear of that, I believe that similarities still remain very much the same.

2019年8月5日

交易進行

Bitcoin may break, start heading up without stop.

2020年6月4日

交易進行

Look how the bottoms keep touching the purple trend line