I take fractals with a grain of salt, but I was looking at this 2014/15 crash and thought this was interesting. The volume lines up well. Obviously if BTC breaks 5800 all of this is invalid and have a long time until we reach accumulation.
For this to be in play BTC needs to hang out in this range for a few days without breaking.
I personally think BTC has...
Comparing BTC 0.02% to the 2014 crash, I think we've found our accumulation zone.
In 2014, the crash lasted 1 year with accumulation lasting 9 months during 2015.
The crash of 2018 took 6 months, at the current rate this accumulation will last 4.5 months.
I personally think it will be a little faster.
From this date forward I think we will have 100 days of...
We can see that bitcoin is forming an inverse head and shoulders reversal pattern.
It looks even better on the daily chart, however, I wanted to point out how the Ichimoku cloud is bullish on the hour for the first time since May.
Longs are building so I'm waiting to take a position. I expect us to have a long squeeze and bound of the Ichimoku cloud at either...
