Fractal extrapolated from the 2 0 1 3 boom and bust suggesting weakness into end of month, a confirmed test of 2 3 0 0 area would then open the door to full bear market and lower supports.
Trade closed? Are you even looking at the same chart as me? Targets 1800-2100.
DavidNejeral
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Unbelievable, but I believe... and I get a profit.
catalystcw
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Wow - what an interesting analysis. Watching with much interest!
Bartdeking
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the peak from the 25th of may and the peak of the 16th of march and all other (little) bubbles would overlay all as well yet they all went up after the point in time where we currently are.
So sorry to say but this does not make any sense to me. however, if bitcoin falls trough the current support and follows the trend the previous bubbles that broke follows we can expect that bitcoin will drop further.
Else it is just one of the many correction we had in the past.
mozartc
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I believe in your theory, everything that goes up an hour has to go down. But will rise again. There's an analyst I follow, I do not remember his name, but he's pretty sure that will happen. In other words and without graphics, it confirms your theory. I remember what you posted one of these days, "do not sleep, do not blink, do not let them steal your money." Never forgot.
snakeat3r
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And now its time to cry for the missed opportunity because we wanted to buy at 1900 ...
EnginSula
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@snakeat3r, don't worry, it will down to even 1600s for a spike. fibonacci tells us this way.
rhb_3000
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Looks like short is already closed...
aakashbit
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Is it DUMP time?
silmaril0875
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This is 100% accurate but I suspect when it drops we'll see a more aggressive sell. It might drop $1250...