theeverythingbubble

BITCOIN Could it be? Are we repeating 2018 top but at 2x speed?

COINBASE:BTCUSD   Bitcoin
Very peculiar how we are repeating the same topping pattern as in January 2018 except at 2x the speed and half the percentage change. We saw many nasty 3DAY bull wicks which tested the 55EMA on the 3DAY during the 2016-2017 bull market so, but it wouldn't surprise me to see a capitulation bottom very soon here before resuming our uptrend.

See January 13-15, 2016, August 1-3, 2016, January 10-12, 2017 March 17, 2017, April 13-15, 2017, July 15-17, 2017, September 13-15, 2017, December 21-23, 2017 for the selloffs that got bought up near the 55EMA on the 3DAY and 21EMA on the weekly.

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