Bitcoin 3 month chart with more similarities to 2013 run
Since Last year, I have been commenting on how BTC PA seems to be running along the path of 2013 to 2017 ATH
And here is another set of similarities.
The Arrows on the left are the Run from 2013 to 2017 and what I want to draw your attention to is the sequence of Red Green Red Green candles.
After the 2013 ATH, PA went into a series candle colours,
1st Quarter was RED
2nd Quarter was GREEN
We then had a series oif 3 Quakers of RED
Then we ran into a series of Alternate Colours, GREEN RED GREEN RED GREEN RED
Then we began the Bull Run and went to the New ATH
And we are in the middle of a very similar series with one exception.
From the 2021 ATH
1st Quaker was RED as in 2013
Then we began to go in a series of 2's - 2nd and 3rd Quarter were GREEN
We then had a series oif 4 Quakers of RED ( 2013 / 2014 was 3 )
Then we began the current Series of 2 GREEN, 1 RED, 2 GREEN, 1 RED
We have just begun the next new 3 month candle and so we have to wait to see if it will be GREEN as it should be if we are running to a pattern.
Things to note here are also that after the sequence of RED candles after the ATH, it was a set of 6 candles before we went into the Bull Run to ATH in 2013 and it looks like the same may happen again this time.
For me, the similarities are notable and points towards an interesting trading physiology.
So, now, we have to wait till the end of September to see if this next candle is GREEN or not.
And here is another set of similarities.
The Arrows on the left are the Run from 2013 to 2017 and what I want to draw your attention to is the sequence of Red Green Red Green candles.
After the 2013 ATH, PA went into a series candle colours,
1st Quarter was RED
2nd Quarter was GREEN
We then had a series oif 3 Quakers of RED
Then we ran into a series of Alternate Colours, GREEN RED GREEN RED GREEN RED
Then we began the Bull Run and went to the New ATH
And we are in the middle of a very similar series with one exception.
From the 2021 ATH
1st Quaker was RED as in 2013
Then we began to go in a series of 2's - 2nd and 3rd Quarter were GREEN
We then had a series oif 4 Quakers of RED ( 2013 / 2014 was 3 )
Then we began the current Series of 2 GREEN, 1 RED, 2 GREEN, 1 RED
We have just begun the next new 3 month candle and so we have to wait to see if it will be GREEN as it should be if we are running to a pattern.
Things to note here are also that after the sequence of RED candles after the ATH, it was a set of 6 candles before we went into the Bull Run to ATH in 2013 and it looks like the same may happen again this time.
For me, the similarities are notable and points towards an interesting trading physiology.
So, now, we have to wait till the end of September to see if this next candle is GREEN or not.
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