GBTC: SAME 2016 PATTERN?

Hi guys,
I was looking on GBTC chart and I saw this pattern that seems too similar to first cycle for Grayscale.

Rsi moved quite similar, if we see the same scenario Btc could drop 40-50% just 1 week later the Halving, but who knows.

Is this relevant for who has bought the low? Obviously not, so for me it's not important but understanding the psychology behind the scene it is.

Let's see.