Gold vs Bitcoin Bear Market Fractal
This was something I shared earlier on Slice when it first started, but on Silver, saying it matched BTC's parabolic advance, and I wondered it would unfold similarly.
It did.
Gold actually does this pattern. I have 100% seen this before. Just a long time ago and when you zoom out looks different than this on the chart
This is why I like to say, a pattern is a pattern is a pattern
I am in the process of trying to figure out why the market spits out this type of wave and not another type
And THAT is why I moved into music theory. Because nothing exists that describes the different variables such as momentum, in Ellliott Wave.. But music has similar things, along with scale, rhythm, structure, etc.
The only difference on Gold, is that it usually does a lower low on the COVID low. I tin it does a deep spike towards $3,0000 that's bought up huge and fast
