2014-2016 recovery pattern vs 2017-current. One peg lower?

Perhaps the December lows of $3700 are not bottom and the current price spike just a trap to lure those eager bulls in.

This all before we continue one, two or even three pegs lower?

Bitcoin Momentum TSI, the Relative Strength Index and other indicators are notably similar between December 2013- April 2014 and December 2017- December 2018.

Thoughts?
BTCUSDChart PatternsTrend AnalysisWave Analysiszec

Disclaimer