Is #Bitcoin now following a multi year fractal ?
Below is the chart #BTC usdt since ATH 2013
The Vertical lines are roughly Mid Dec of each year since. This was done to look at the PA on a year by year basis.
And it is very interesting how close the last 2 years of PA have been to the 2014 / 2015
2013 ATH to the same period in 2014 saw a -71% Drop
From Mid Dec 2021 to the same period in 2022 was also a -71% Drop
PA then ranged along the trend line, rising parallel on average and about 60% gains and losses on Both the 2015 and 2022 date ranges.
The 2016 date range saw a Jump in June (circled) that was a total of about an 80% gain.
If that happens this year, we see a new ATH of around 87K usdt.
But if we really are following this fractel over this long term, it is 2025 that will make your eyes water.
2017 PA saw a stunning 2182% rise to the ATH in 2017
IF that happens again in 2025, that tips the scales at around 1.8 Million usdt per BTC
The chances of this being followed are slim But the last 2 years havebeen uncanny.
Lets see if that 80% June push happens ;-)
Nota
Posted this way back in Jan 2023, that just before PA began it rise and...AND, we Did see a NEW ATH as suggested
I am going to pat myself on the back here as we are STILL following this path
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