$btc $bitcoin to silver. Is Bitcoin Really Gold?
Updated
Lets look at another fractal that I havnt seen ppl compare btc to, at least not recently. We are all on our high horses enjoying this bull run looking at the gold fractal to absolute moon. But what if btc wasnt gold, but silver (i dunno what ltc is ... dont ask), anyway, wanted to relax a bit so decided to take a look at the fractals.
Its interesting. I certainly wouldnt short based on this, but its something to watch develop, especially as the CME news and main stream media have started to shill hard (so it all of twitter).
Its interesting. I certainly wouldnt short based on this, but its something to watch develop, especially as the CME news and main stream media have started to shill hard (so it all of twitter).
Note
I highly doubt it, but thought id mention.noticed embeddedthought chart, having bottom of ichi cloud 3d around 3100. Thats also around a 60% drop, as silver did (.4*8k) ~ 3200. If that were to happen I would estimate we hit 20k usd next year. Hard to believe something like that occurring unless other fud and CME doesnt happen this year.
Note
11/12 to 12/12, if i shifted them to the right, would be similar to silver. if thats the case we entered a correction, perhaps a rather mid term one... then we break upwards after a bit more sideways/down.
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