April 7, 2026

Will history repeat itself?

Will history repeat itself?

Will history repeat itself?

Will history repeat itself?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
MJShahsavar


Will history repeat itself?

The charts show the years 2014, 2018, and 2022, when Bitcoin was on top of the support after an ATH . Similar conditions are seen in all three:
1- Break Down Smoothed MA 30
2- Squeezing above Smoothed MA 50
3- Formation of a descending triangle pattern above Smoothed MA 50
4- RSI crosses down the zero level
5- TSI crosses down the zero level
Twice before, after this situation, we have seen a breakdown of the support level . Will history repeat itself? We have to wait and see

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