2017 vs 2021: Peaks and Pain
Updated
Comparing the 2017 and 2021 Peaks for for BTC.
After bouncing off the 200 day SMA and 336 days after the 2017 peak, we saw a crash.
As of today, we just bounced off the 200 day SMA and are 229 days from the 2021 peak. Will we see a similar crash?
Fun comparison. Will be interesting to see how it plays out.
Not financial advice.
After bouncing off the 200 day SMA and 336 days after the 2017 peak, we saw a crash.
As of today, we just bounced off the 200 day SMA and are 229 days from the 2021 peak. Will we see a similar crash?
Fun comparison. Will be interesting to see how it plays out.
Not financial advice.
Note
A month in and this has played out in a similar to 2018. Price has blasted right through the 100w SMA just like it did in 2018. Less of a cliff so far but volume is still low. Still waiting for the capitulation.
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