The chances for this scenario are increasing more and more, the longer we stay in our 6-7k range. It could indeed turn out that way. The chances for the bearish scenario are decreasing more and more. Soon I'll switch to permabull too, hehe. Except if huge dumps happen, then I'll stick to my previous plan. But yeah, good analysis.
elshanti
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@FlaviusTodorius67, yep looks like nice flat bottoming + accumulation..Wyckoff Textbook ! looking forward for your bullish ideas like 2016 ;)
y0gi
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awesome work as usual soon strong upward movement will occur
This is my most probable outlook at the moment as well, following this path for some time now and it's pretty accurate (2015 4h RSI and 2018 2h RSI are nicely comparable too).
rhb_3000
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well the bottom is in at 58xx according to fractal... thanks for sharing
pkb6698
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I'll just let you walk only the flower road!!
Crypto-Quantum-Fox
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Hey man, im loving this comparison, months ago I was thinking the same thing fractal wise. Can you do an update post on this idea!? Lets see it, see if we are still following, or how well we are. Thanks.
pkb6698
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great!!
ReallyMe
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stiching charts from May 2015 won't do. The future is not like this