This pattern seems to match up very well. As you can see the first pattern consists of a wedge (white lines) followed by curved resistance (bullish), followed by upward curved support then concluded with a final kick back and a distribution pattern. If Bitcoin continues to follow Gold's crash pattern of the 2010s, we should expect significant price action to the downside over the next few months.
Note
This idea will be invalidated if we can find a way to break through the blue resistance line in the chart below....
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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.