MrMaps

BTC - Current cycle vs 2013 cycle

Long
INDEX:BTCUSD   Bitcoin
Zoomed out view, removing the noise and comparing the 2012-2013 cycle with the current cycle. Short to med term moving averages and weekly momentum have fairly similar structures. You know what came next in 2013! I believe we're set up for an extremely strong run for the remainder of the year. I see some calls for an extended cycle this time around and believe this is so far unsubstantiated.
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