Current state of BTC since 2017 in a weekly chart on the left. Mid 2016 daily chart on the right with what happens after the consolidation showing. Finding a lot of similarities between these two charts, seems like a plausible fractal.
Check out the movement of those MA's. Nearly perfect.
Would also add to the idea that this bullrun will be more drawn out with the weekly vs daily timeframes.
Check out the movement of those MA's. Nearly perfect.
Would also add to the idea that this bullrun will be more drawn out with the weekly vs daily timeframes.
Note
Well, this fractal played out really nicely...
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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.