Bearish rectangle?

I suck at these things. Can I phone a friend?

There was 6 consecutive green candles in May 2014. So almost identical time after the ATH as now. From your chart it is seen we might see Bitcoin price decrease until next year. And have so so steady 2019 and Bitcoin price growth in 2020 again.   Well that was always the most pessimistic plan.

Im not saying there are high possibilities of seeing these low prices... but the possibilities are there, im just applying technical analysis. Fundamental analysis is higher on the hierarchy for me than any TA, so any news or possitive developments could make the price go up against any TA predictions.

Why I saw it's realistic we could see lower prices, because we have a mixture of 2 things:

1) A bunch of idiots holding Bitcoin whose don't know what Bitcoin is and are just waiting for it to go higher to dump again for fiat, and when it doesn't they get nervous and get shaky.
2) Whales and generally TPBT understands they can't Bitcoin, only become a bigger player in it: so it's on their incentive to see lower prices before they start going all in and we go to $100k-$1million during the next decade. They want to enter in big and they will look for the perfect buy, which may be lower. Of course, the lowest point may have been $5900 already. Or they may have been buying for years, who knows.

Nice analysis.
Just a small correction. It was the early 2013 bubble top and late 2013 bubble top. Not 2014!
Furthermore it should also be mentioned that from those 4 cases which you have highlighted in the cart, with 5 green weeks in a row, 3 of them have fully retraced afterwards! That's a fact as well.
So what if we retrace a 100% here also? Still bullish af???

I mean when you speak about being bullish in a timeframe of 1-2 years, that's fine. But short to mid term is really questionable at the moment imo.
And fractals or vents doesn't always work out. Consensus 2018 is a proof for that.

My next 2 big drops would be around $4500, then the very last, lowest and therefore ideal entry point to go all in, $1600, for the global, very long term uptrend. For now we've broken $8000. Let's hope we close this week with a red to get another streak of greens..

All of the above.

Anything else, Charlie?

“Look, the internet belongs to the Americans — but blockchain will belong to us,”'

Analysts, institutions, and developers remain incredibly bullish.

Noob speculators, butt-hurt weak hands, and overextended taxpayers who dove head first into the kiddie pool are hemorrhaging bearishness.

OG HODLers won't sell but won't buy either.

Who will make the first move?

A Mexican Standoff is a three person gun duel. According to standard game theory, the first person to shoot is most likely to lose. The person they shoot at is also likely to lose. The third person has the best chance of winning.

Analysts, institutions, and developers remain incredibly bullish.

Noob speculators, butt-hurt weak hands, and overextended taxpayers who dove head first into the kiddie pool are hemorrhaging bearishness.

OG HODLers won't sell but won't buy either.

Who will make the first move?

A Mexican Standoff is a three person gun duel. According to standard game theory, the first person to shoot is most likely to lose. The person they shoot at is also likely to lose. The third person has the best chance of winning.

Psychedelics in general just amplify what is already going on inside you.
Hence if you're having a hard time with life, then that will be amplified to extreme and potentially life-like levels with all your insecurities and problems taking "real" shapes depending on the dosage that you've ingested.

As horrible as the experience might be, it can actually, in select cases, be good for the person as it forces them to confront their problems.

So far I didn't have anything anywhere near as extreme as the horror stories that I've read on the internet though, and I can't imagine myself ever having any of those experiences either.
But I've also made it a point to remember what I did prior to the experience, which takes off the edge. I'm also quite curious as to what is going to happen during the moment of death, since it's quite obviously just a fairly tale that humans tell themselves for the lulz. And then, with a high enough dosage you lose control anyways and at that point it doesn't really matter what happens since you just fully dissolve in what is happening (if anything at all).

P.S. Is there a correlation between recreational experimentation with substances and the openness to Bitcorns, or are those substances just more wide spread these days due to pop media references and documentaries?