You might be right about this, but IMO, the notable difference between the start of the 2017 bear market compared to the recent all time high and subsequent drop is that there was no blow off top at 64k. In 2017, the price quickly climbed to 20k before getting rejected hard, creating a blow off top. More recently, the all time high was reached and there was a consolidation at this price range around 60k before dropping to current levels. I believe these large descending triangle patterns you're referring to from the 2017 bear market are generally formed after blow off tops so hopefully this suggests BTC has not topped out yet. Just my opinion, but I see your logic as well. Thanks for sharing your analysis.
Zet4reticuli
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@btins1881, It's going to be interesting for sure what will happen during the next weeks ! I am flat in any case, just observing and leaning towards short as indicated in this idea. Cheers!