Ero23

Is Bitcoin correcting like it did in The Spring of 2013?

BITSTAMP:BTCUSD   Bitcoin / Dollar
This is a quick sketch of a thought: What if Bitcoin             is correcting like the bubble of Spring 2013 instead of the subsequent one in November? It's tough to say if we'e reached bottom yet. However, if we are indeed following the pattern of the last Block Reward + Bubble era then this era will have the Bitcoin             price recovering from this correction over the next few months and then leading to a bull run possibly up to $100k/bitcoin before we see a possibly year long (or more) correction.
btw instead of 4 this could be a 2 of 3
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that would be a brutal 2019 :D
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PSA: That pitchfork isn't even close to valid thusly nullifying your projections, albeit your fractal theory may hold merit, it can't be backed by this pitchfork.
https://www.investopedia.com/terms/a/andrewspitchfork.asp
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question
is there only one chart point touching the top of your channel?
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I think bitcoin real bubble with pop next year haha
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hey Ero23, initially I had the same idea, but recently I have noticed another possibility, what do you think?

snapshot
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@Loth, That is a crazy idea to think about. I think that would meana 3MM Bitcoin in the not too distant future? Honestly hard to believe the resulting market cap.
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@Ero23, I don't think that btc will reach 3MM. If we compare how much time takes a correction of a wave 5 we can easily see that time needed is going to be more and more big, so what I think is the possiliblity that we are only at start of this run but that will going to increase with more time and difficulty each step.
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What about BCH?
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@galeras, BCH is an IQ test. If you buy it, you failed.
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