BitcoinLong
BTC Repeat of 2014 Crash
The orange/yellow line is an overlay of the 2014 crash from a weekly timefame on the current daily BTC crash. I had to use sections of the line as the time frames this go around have been compressed but it's all there and as you can see we are approaching the breakout rather quickly. My long term prediction is bullish for pretty much the remainder of the year and that this downturn is going to end in roughly half the time of the one in 2014
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.