Left chart is btc today and right one is btc few years back. A very similar correction pattern can be seen. Last time we had sharp pump from around 400 to around 650 USD. This time this would be equivalent to reaching around 10-11k. Last time we had a slow decline in price after reaching 650ish even breaking the previous low. Bear that piece of history in mind even if we see the bulls back in the game.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.