Bitcoin 2013/2021 comparison
Hi guys, thanks for stopping by!
So many are (wishfully?) comparing current bullrun to that of 2013 calling for BTC to reach 100k or higher in 2021. There are certain similarities between the two. However, there are obvious differences that can not be ignored.
Weekly close below 21EMA in the current run.
Downward angle of the weekly 21EMA which didn't take place in 2013.
MFI had reached oversold condition on July 1 2013 the very candle that marked the bottom of that drop in price action.
There has been no bearish cross on DMI in 2013.
Compare all that to the current run.
Please, share your thoughts.
Have a blessed day!
So many are (wishfully?) comparing current bullrun to that of 2013 calling for BTC to reach 100k or higher in 2021. There are certain similarities between the two. However, there are obvious differences that can not be ignored.
Weekly close below 21EMA in the current run.
Downward angle of the weekly 21EMA which didn't take place in 2013.
MFI had reached oversold condition on July 1 2013 the very candle that marked the bottom of that drop in price action.
There has been no bearish cross on DMI in 2013.
Compare all that to the current run.
Please, share your thoughts.
Have a blessed day!
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