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RE: Bitcoin (BTC) Mid-Day Update: The Small and Big Pictures

in #bitcoin6 years ago

The upper trend line support HAS BEEN BROOKEN!

  • a V turn as BTC did from 5900 almost never happens
  • a bottom mostly gets tested several times

https://myalbum.com/album/kWMWIOFCzJiV

Please guys take a good look at the chart of Amazon on a "1 week" level as shown above.

Go back to the start of Amazon june 1998.
In april 2001 the cycle almost looks done...............but september 2001 shows the second bottom!
Since this chart looks so extremely similar to BTC........ are we heading to the Amazon september 2001 level?

This is a MUST SEE CHART! Open your eyes and look at the timeline!