This was back in the bear market of 2015

This is now...see the similarities?

Let's take a closer look and watch this numbers...

The ratio between the resistance and top is:

297/317= 0.9369

then I multiplied that ratio with the present high of 8390 to get the present resistance level

8390 x 0.9369 = 7860

I drew a line on the 7860 and surprisingly enough the chart respected it as you can see...until now at least

So now let's confirm the breakout point too of 275 and see if it matches, again:

275/317 = 0.8675

now for confirmation:

0.8675 x 8390 = 7278 <----- Success! Which is pretty damn close enough to the present breakout around 7300

With the similar ratio of a bottom breakout and a top resistance that would suggest a huge correction to bitcoin in the next 30 days to come...maybe...it all depends if we stay below the resistance of the 7860 zone...