Hello my fellow Steemians and Crypto investors,
I was doing a little bit of long term trend analysis on the Bitcoin charts this morning and found a familiar fractal pattern I have seen many times before:
Check out the Bitcoin smile pattern!
Bitcoin Smile pattern revealed by the arc brush tool on TradingView.com
Bitcoin Smile patterns from 2013 and 2014. Original image from megabitcoin.blogspot.com
For a more linear tracking of these fractal smiles check out John McAfee's Bitcoin Price Prediction Tracker
Were you aware of this pattern before on Bitcoin or other altcoins?
Are you familiar with how fractal patterns appear in nature and how they reflect on financial markets?
Feel free to share your thoughts on this post with the Steemit community in the comments below!
What have you been doing this crypto winter?
Accumulating patiently like a professional hodler.
Panic selling like a hopeless noob.
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If you answered 2, sell everything and become a pimp. It's the only way you will be able to keep selling bottoms, haha!
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Happy crypto investing!