BTC, it's July 2015, prepare for a drop to 7K

BTC dropped today below the 21 weekly ema just like in July 2015. The similarities are uncanny, after a bear run, price pops over the 21 weekly ema, then drops below it and after which it was a bull run to ATH. Ichimoku cloud is also very similarly structured.

I modeled the price path in relation to the ichimoku cloud, proportional fibs and timing.

I mentioned this idea previously below.

Yorum:

Yorum:

dropped below cloud