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Bitcoin new all time highs inbound
I had the thought that #BTC has been moving like a slow old dinosaur stock trying to break all time highs so I pulled up a comparison with KO
TheKO weekly chart when it broke to new all time highs this year is identical to the #BTC daily chart
The exact same price action occurred over a completely different timeline
✅ Initial strong breakout to respective all-time highs
✅ 20%+ pullback and retest of the initial breakout area
✅ 20%+ bounce from the pullback
✅ Multiple lower highs and failure to reach new ATHs
✅ Retest of the 20% pullback
✅ Double bottom confirmation
✅ Tight range consolidation
✅KO all time highs
⏳
BTCUSD Bitcoin all time highs
KOThe
KO weekly chart when it broke to new all time highs this year is identical to the #BTC daily chartThe exact same price action occurred over a completely different timeline
✅ Initial strong breakout to respective all-time highs
✅ 20%+ pullback and retest of the initial breakout area
✅ 20%+ bounce from the pullback
✅ Multiple lower highs and failure to reach new ATHs
✅ Retest of the 20% pullback
✅ Double bottom confirmation
✅ Tight range consolidation
✅
KO all time highs⏳
BTCUSD Bitcoin all time highs
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