BTC Patterns: How to Analyse Properly

We have all seen long-term Bitcoin charts with repetitive cycle overlays on them. I have published a fair share of them myself. Charts such as this:

I like patterns as much as the next guy does, in fact – I base a lot of predictions on repeating patterns. But I have a problem.

Right now BTC is not adhering nicely to any of my patterns. It started climbing hard in April, three months too early by my calculations, and now it just keeps on climbing! Every time I expect a 20-35% retracement, BTC laughs at me and adds another $1000 to its

About the author: Bit Brain

A walking crypto encyclopedia. Honest, Realistic, Opinionated. Futurist, Autodidact, Polymath.