Bitcoin Aligns with the 2017 Cycle Model
There’s growing speculation that the current Bitcoin cycle mirrors the market behavior seen in 2017.
Intrigued by this, I conducted my own analysis. I overlaid the 2014–2017 cycle pattern onto the current chart for comparison.
The results?
A striking resemblance in both the overall shape and the distinct correction and impulse phases.
It seems history may not repeat itself exactly, but it certainly rhymes. 📊
Intrigued by this, I conducted my own analysis. I overlaid the 2014–2017 cycle pattern onto the current chart for comparison.
The results?
A striking resemblance in both the overall shape and the distinct correction and impulse phases.
It seems history may not repeat itself exactly, but it certainly rhymes. 📊
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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.
Related publications
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.