BTC Summer of 2021 Range vs Current range
The summer of 2021 looks quite similar to the range bitcoin has been trading in except it is stretched out by almost exactly a factor of 3. To see the resemblance more easily, the bottom chart is a 3 day. Of course they're not exactly alike, but there's enough similarities where it may have some merit. I personally am not putting much weight on this to actually play out; it's just interesting.
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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.