DOGE looks like a good short, though could still have another short term spike on this fractal
This is what I consider the highest possibility scenario at the moment. We're in a downwards wedge. Fakeout to the underside for BTC to complete a 38.2% correction from current high, then we go up
I am quite bullish on Bitcoin having more waves up this year, however in trying to be consider all possible angles, here is a fractal from the 2017 top to compare to price action over the next few weeks
I'm expecting a retest and strong support around previous BTC vs Gold high
the last version I uploaded was a mess on log scale, the regular chart shows the similarity much more clearly
I tried overlaying the 2019 run to ETH the same as I have for BTC. It shows a significant pullback could be possible here. The fact that we just formed a new ATH is extremely bullish though, we will push up sooner or later
I fitted a fractal to LINK, then scrolled up and noticed it perfectly matches the fib lines. So there might be something to this
If this fractal repeats the 2019 run, the current bull run could reach over 80k before it has a significant pull back
I thought the pattern on ETHBTC looked famliiar, tried this fractal from BTC aborted run in 2019. Looking good so far
Gold looks like it's struggling here. Are the gold bugs moving to bitcoin or is the money just being printed too fast?
We could have an up to 40% pullback somewhere between here and 50k, but I'm still HODLing on for this next bubble, which is only getting started
ETH could be repeating this pattern from late December
I'm going to hold here, but DOT vs BTC has been painful the last few months. Looks like could be a cup and handle forming