In a previous article, we correctly identified a fractal in bonds and Bitcoin that played out with surprising accuracy. Now we’ll cover another pattern that might reveal another large move to the upside.
Looking at the various stock to flow multiple charts, you can find many classic chart patterns emerge. Yes, I argue you can use technical analysis on stock to flow models with good success rates. You can see many head and shoulders along with plenty of adam and eve patterns. I believe we are forming an adam and eve bottom right now.
Follow along here: https://stats.buybitcoinworldwide.com/sf-multiple/
To review, this is what the adam and eve bottom pattern looks like:
Current sf multiple and how I think it will play out:
One previous adam and eve s/f multiple pattern throwback was exactly September 21 2015. Would be funny to see it play out again on the same date.
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