sgacos

BTC/CNY Attractor prediction V.4 (log scale)

Long
BTCCHINA:BTCCNY   None
After the recent regulation of Chinese Govt there has been a crash at bitcoin value. In such occasions the chaotic trajectory is subject to an abnormal change (ie: it's disrupted). To be honest I expected a violent reversal after such a crash (ie: the scenario we followed in 2014), but it didn't reverse.

***I FIND THIS SUPER BULLISH!***

I'm not sure that the next attractor will look something like the one I drew here; and it's certainly subject to a change (ie: higher top or lower low), but you get the basic idea if we continue on the same trajectory.
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