The market today is different from what it was during the last "all time high", but we may be closing in another price correction according to previous trends. I just don't think the fall will be so hard. Bitcoin has been proving to be stronger than mainstream media advertises.
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Spot on.
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Similar pattern as before.
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The pattern holds.
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Comparing FOXBIT:BTCBRL with BITSTAMP:BTCUSD.
2017-09-01 BTCBRL=18190 USDBRL=3,1479 BTCUSD=4836 BTCBRL/USDBRL=5778 Spread=19%
2017-10-15 BTCBRL=17943 USDBRL=3,1626 BTCUSD=5556 BTCBRL/USDBRL=5673 Spread=2%
Probably the correction was necessary for BTCBRL but not for BTCUSD.
2017-09-01 BTCBRL=18190 USDBRL=3,1479 BTCUSD=4836 BTCBRL/USDBRL=5778 Spread=19%
2017-10-15 BTCBRL=17943 USDBRL=3,1626 BTCUSD=5556 BTCBRL/USDBRL=5673 Spread=2%
Probably the correction was necessary for BTCBRL but not for BTCUSD.
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