charlesyo

Weird BITCOIN technical analysis/cycles

BITSTAMP:BTCUSD   Bitcoin
Historical highs and lows are taken with their percentage gain and with that data I've found reoccurring patterns. With that, I've drawn a chart where bitcoin might get to, if this analysis is correct, bitcoin will break out to $80k and then come back down to a much lower level. This is partly fun, well mostly fun, I'm not too sure if this is coincidence based, or if there is actually something here.
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