Found this fractal from 2013-14 and just putting it out there to see how it plays out.
A more bullish scenario than the one I published earlier today: Let's see if any of them plays out, or if honey badger does its own thing.
Last three major retracements (30-40%) all occurred after two all time highs. My guess is we'll see the pattern repeating. BTC is currently in the progress of making its second ATH, and after that we might see a 30-40% retracement.
Last three major retracements (30-40%) all occurred after two all time highs, with a 10% rise from first all time high to second all time high. My guess is we'll see the pattern repeating. BTC is currently in the progress of making its second all time high. I think BTC will go to around $6500 and then make a 30-40% retracement.