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dudebruhwhoa
May 22, 2023 1:49 PM

Is Bitcoin Repeating Summer of 2021-22? 做空

Bitcoin Liquid IndexBrave New Coin

描述

What if we're just repeating a fractal of Bitcoin's summer 2021-22 market behavior?

This would make a lot of sense if negative correlation with DXY continues and the dollar index moves back up to its recent highs or higher:



Would also expect this to occur if Gold moves down from here:



If it did do this, it would also continue remaining within this channel:



Good luck!

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Here is the present 4h structure with an overlay of the 4h structure from the previous November 2022 top:

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Correction - Nov 21 top ^^

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Zoomed out the Summer 21-22 fractal could lead to a loss of trend:

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flappie000000
yes..
this is gonna happrn..good analyse
dudebruhwhoa
@flappie000000, thanks - certainly think it's possible. There's a case for it moving up to at least 38k as well, or even revisiting or surpassing ATH.
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