Nikomaru14

Nikomaru14

Hey there! Crypto is exciting again!! Let's do some catching up on Bitcoin, what we can learn from what happened in the last cycle, as well as what my plans are for trading it. We find ourselves in the the middle of a massive bull run in bitcoin. But how far can it go this time? This is just a VERY ROUGH prediction based on the major trend lines and past cycles....

Nikomaru14 Updated 

There is a cup and handle pattern forming with bitcoin. Initially I was looking for this to form a larger cup and handle reaching back up to 12k to get rejected. But clearly it has broken out of that pattern. What I see as a possibility now is the top of the pattern around 10k, and currently we're making the handle in a descending channel. Right now I'm seeing a...