BitcoinLong
WILL HISTORY REPEAT? $BTC 2017 vs. 2024
Updated
Hello traders!
This is based on a similar pattern found in March-May 2017.
Interesting to see it's following a similar pattern. History doesn't repeat, but it often rhymes.
This is based on a similar pattern found in March-May 2017.
Interesting to see it's following a similar pattern. History doesn't repeat, but it often rhymes.
Note
Trend line states we should be heading to $69,000 this week followed by a retrace to $64,000.Note
Dip is over, trend line states 69k now.Note
We are retesting the trendline earlier than expected. This could be good news as we may get this out of the way and move up earlier than expected. Looking to hold support on this trendline now.
Note
Following the trend line very nicely. We should hold this area until Tuesday when we will see a bear trap to $64,000. I would use this last dip as an opportunity to load your bags.
We should see 70k around the 8/8 and then there's no turning back.
Everyone calling for a crash is wrong- it's not going to happen.
When we go parabolic they will all FOMO.
BULL. MARKET. BEGINS. NOW.
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