BTC fractal

in bitcoin •  7 years ago 

Hey guys, I made this blog to speak freely about psychology related thoughts, however as a crypto trader and investor, I found a fractal that may interest you guys...

Both strong run ups, two peaks with the second lower than the prior. Both end with bearish "h" patterns. Seemingly very similar fractals especially over such long periods of time, especially when examined closely. Let me know what you think in the comment section.

If this fractal plays out, a buying opportunity may be coming our way. If you are looking to make some money although we are bearing it out, I recommend vigilant risk management, and do not be too slow to take profits. Best of luck fellow Steemians.

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