I am by no means an expert in T.A. - this is a very simple observation and any comments/criticism is welcome.
Bitcoin chart does appear to be following the traditional market cycle as exemplified by the infamous 'Wall Street cheat sheet'. I have tried to approximate the different stages of the cycle in this chart.
There is no saying whether BTC will follow this...
The current Bitcoin market cycle plotted against the Wall Street cheat sheet.
Let's see if BTC decides to follow this infamous model and how long it might take to complete the cycle.
The time durations plotted in the chart are purely based on the Cheat Sheet and not any T.A.
This is purely to satisfy my curiosity as to whether we are seeing King Bit following...
