So far, we are repeating 2014 very closely.
A dead cat bounce to 11k starting in April off the 6kish area and ending by the beginning of June would fit this perfectly.
if that's supposed to match 2014, what fractal are you looking at specifically? i assume not the $380-->$995 bounce or the $340-->$680 bounce? both would get us further than $11k.
in terms of both time and price, i still don't see any of the parallels to 2014 that other people are talking about.
From 6k to 11.5k is about the same as 340-680. The reason will won't see 12k is because there is strong resistance at 11.5k. So far we been to 6550 on the 31st. In 2014 340 was on April 11th. Still time to drop to 6k and bounce just like 2014.
a bull trap topping out at $11.5k would make for a triple top, visible on the weekly chart. not particularly reminiscent of 2014 but more importantly, just not a formation i've ever really seen in the charts. could you find an example? if we get to the $11.5k area, i expect a pullback and breakout.
The drop percentages and timing are very close. This don't look similar to you?
aside from the triple top, it would look
kind of similar because you're forecasting a move that mimics 2014 and hasn't happened yet. but right now, put the weekly charts side by side. they don't look similar at all. it's hard to see one fractal do a 78.6% retrace and another do a 38.2% retrace and call them similar.