Bitcoin vs Gold's Crash Pattern of the 2010's
Updated
This pattern seems to match up very well. As you can see the first pattern consists of a wedge (white lines) followed by curved resistance (bullish), followed by upward curved support then concluded with a final kick back and a distribution pattern. If Bitcoin continues to follow Gold's crash pattern of the 2010s, we should expect significant price action to the downside over the next few months.
Comment
This idea will be invalidated if we can find a way to break through the blue resistance line in the chart below....
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