Is Bitcoin Top In?!? 2017 is telling us some secrets

This is a possible scenario.

I enjoy seeing patterns play out over time. I think that the top might be in and we can compare our current position to the same spot in 2018.

I used the bars pattern tool to copy the exact price action from the first wave down after the 2017 top, then pasted it to our current position.

I find it interesting that it even lines up well with my fib retracements of this local swing.

What do you think?

Is the top in?

Komentar:

I still believe the top is in.

Still playing out rather similar. I do think there is a possibility that we come off my .50 fib and exhaust back up. I would look for 34-36k as resistance. If that holds as resistance. We will see 20k quickly.

Stay tuned.

More updates to come.

Komentar:

Updating this!

Well, it certainly started off very similar. But this has now been invalidated.