BTCUSD: Can any one explain this?
CMF 2013 ATH &
CMF 2017 ATH &
CMF 2021 ATH ...
Following Negative Divergence between 2013 ATH & 2017 ATH there was a -86% downturn. Right?
Now between 2017 ATH & 2021 ATH another Negative Divergence is seen.
1. Will it repeat itself the same?
2. Will it rhyme such behavior similarly?
3. Is this comparison meaningless?
My understanding would be like this "based on the abovementioned only": BTC will never be able to repeat such behavior! I mean too sharp growth.
Please let me know what do you think?
PS: Fast Length Default
CMF 2017 ATH &
CMF 2021 ATH ...
Following Negative Divergence between 2013 ATH & 2017 ATH there was a -86% downturn. Right?
Now between 2017 ATH & 2021 ATH another Negative Divergence is seen.
1. Will it repeat itself the same?
2. Will it rhyme such behavior similarly?
3. Is this comparison meaningless?
My understanding would be like this "based on the abovementioned only": BTC will never be able to repeat such behavior! I mean too sharp growth.
Please let me know what do you think?
PS: Fast Length Default
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Disclaimer
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.