The trouble with analogs is they can suddenly break down. This one looks stronger because it has held up for more than a year, it is a similar topping pattern and most importantly, both are speculative bubbles. Bubble analogs fall apart after the main decline is finished. BTC hasn't had its big decline yet though. If this pattern holds, we'll be talking about BTC $10,000 by June or July. If it holds tightly in the coming days, the chart says this battle around $40,000 will be the last for some time. Downside acceleration coming by mid-March with the $20,000 area coming sometime in April or May.
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