abhinxx

Bitcoin 2014 vs Bitcoin 2021 uncanny similarity

Short
BITSTAMP:BTCUSD   Bitcoin
Indicators Used:

Read line: 200 MA
Orange: 100 MA


We are curently in exact same position as of 2014. Just like then, btc pumped after deathcross, and then it end up being a relief rally.

1. I am already seeing Bearish signs in Micro time frames, although too soon to conclude anything

2. there are huge BTC futures gap around 20k nd 18k

This is just a speculation, be prepared for anything. at the moment, market is bullish, but for how long?

Please comment your opinions an feedback. Cheers 🥂

-Nav
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