Bitcoin: Analyzing Identical Fractal Ranges

Here is the current PA of BTC on both the 15-minute and 2-day, side by side, displaying both the micro and macro of the same structure simultaneously. Via specific resizing, the fractal format of the market allows us to see mirror images of what is unfolding no matter how deeply we go in either direction. As above, so below; but also (and more importantly) as below, so above. The wave structures do not change, and repeat each other, to varying degrees with astonishing similarity when given enough time. This means what unfolds on the micro eventually manifests itself in the macro -- but not always precisely. That would be too easy. However, they often recreate each other in a general yet strikingly identical way when given enough time. In the least, the play out on the forensic gives you an indication where the big money waves will eventually go.

In other words, if you want to know where the PA is headed on a higher TF swing chart, like on a daily, just study the wave patterns as they unfold on a forensic lower TF chart, and you'll soon get the gist. Pattern recognition therefore is a must for this type of TA, which is why Wyckoff, VSA, Wolfe Wave, etc. systems are so important to master for the savvy investor. If the wave structure on a 15-minute chart -- or lower even -- looks to be topping out, there is a very good chance the macro structure unfolding on the daily or weekly will eventually be topping out as well.