BTC is cyclical, but it doesn't run in a one year cycle. It runs in a 4 year cycle. If you can compare 2021 to anything, it would be 2017, not 2019.
TheCryptAlpha
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This must be the worst fractal comparison I have ever seen.
chrisnfrens
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Dude we are going to the moon
AT_Holding_Inc
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Looks very promising but I think the last part doesn't match and it will correct a little before taking off for the final part. I am basing my theory on the daily chart and yours combined...
Making a comparison between prices in 2019 and 2021 is silly silly silly. Also note, this is not a “fractal”. (handoverfaceemoji)
Simon111
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@ArShevelev What are your thoughts on the current macro environment, with US congress passing 1.9 Trillion in Stimulus (and more to come) and the FED soon going to ramp up Yield Curve Control (more bond buying), in relation to BTC
mikenz
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there are some similarities at first but if you zoom out in 3d the chart clearly shows a classical cat hunchback after a classical expeoential rise to a new peak in July 19 with no major correction before, while it loks quite different right today. We just had a correction before from 43k to 27k and oscilating out afterwards.