RE: Last Chance To Take Profit? - Chart Shows Correction Is Imminent / Trutheum: Awesome! / ETH Ice Age by crypt0

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Viewing a response to: @crypt0/re-dobe4ever-re-crypt0-last-chance-to-take-profit-chart-shows-correction-is-imminent-trutheum-awesome-eth-ice-age-20170627t065326873z

·@dobe4ever·
0.000 HBD
Hey no worries, thanks for taking the time to answer :)
Check this out if you have time:
2013 blue
2017 purple.
I can't believe how similar the patterns are...
https://steemitimages.com/0x0/https://steemitimages.com/DQmR1upy1cjovWym8GFXQqbtCQFew2uW3YPQhCMcpsQwshv/beginning-of-bear-market1.png
Even the one day and one week candles for the BTC/USD from this bubble are really similar with the ones from the 2013 bubble. I've been making charts of it [HERE](https://steemit.com/bubble/@dobe4ever/we-couldl-be-able-to-sell-higher-next-week-but-after-that-the-party-might-be-over)

With all and all, I'd like to add that the 2013 bubble formed & burst in just one month and it grew by 5 times since it started the parabolic movement. This one only grew by 3 times and it took 3 months to form and burst instead of one (Bitcoin price, I mean). Of course I could be wrong but in my opinion this crash won't be as violent as the last one, I think we will have more days to monitor the price movement to decide when to sell in the last pump. Also, after the crash, the recovery this time might come earlier. It took forever to recover from the last crash, that was like the great depression of the cryptos, it's not common to have great depressions that often. I don't think is likely to happen again. Things can't go up forever but neither go down forever.
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