BTC 2014 vs 2018: Post ATH highs/lows comparison + capitulation?

Looking at 2014 & 2017/18 post ATH 0.18% it is clear the highs and lows are following a very SIMILAR PATTERN.

IF we now follow the same movement as 2014, this is Bitcoin's last hurrah before declining and ending in capitulation before we can begin again.

Let's have a look at the numbers:

2014: From ATH 0.18% (2013-11-25) to the 4th low (2014-4-7) it took: nearly 5 months.
2018: From ATH 0.18% (2017-12-11) to the 4th low (2018-6-18) it took: just under 6 months.

2014: From the last high (following 4th low) to the 5th low (capitulation) it took just over 6 months.

Takeaway: We seem to be following the same pattern and timescale, so can we expect a decline and capitulation during the next 6 months? Let's see.

All positive and negative comments welcome.

Disclaimer: I have only been into cryptocurrency for just over a year and TA around half a year.

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2014: From the last high ($686) to the 5th low ($275) it dropped 60%.
2018: IF the last high was $8,527 and IF we are following 2014, it should drop 60% to $3,411.

تعليق:

Why when I typed *ATH did it automatically change it to that thing? Automatically detects tickers?

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