Orriginal

Long Term projection of Bitcoin PA

Long
BITSTAMP:BTCUSD   Bitcoin
This is just an idea but since the BTC Nov '21 ATH , on a weekly chart, we have followed a very similar path to that of 2017/18
So, Copying the candles from 2017 ATH to '21 ATH in Feb, I have overlayed them and this is what we get
Also Note how th etrendline off the tops of the '21 Highs, when projected, appear to act as support in 2024, at the near ATH maybe ?
It is just an idea and we will see how it plays out....But while we all wonder if this is the Bottom, is this is the case, it works here too
Stay safe Guys and Gals

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