ttn
Short

prediction for next 10 days

BITFINEX:BTCUSD   Bitcoin / Dollar
455 1 6
I suspect the circled fractal is what is being repeated. It should tap the thick red trend line for a high of around 254-255, possibly repeatedly over a few days, which is also the daily 100 MA. And if it repeats that circled fractal, there should be a significant drop down to the thin purple trend line at about 200 dollars, which connects to those red arrows and other significant points if you go back in time, I'm hoping that is the bottom... That would be nice... but hopium is a hell of a drug...
**edit... the bottom target shoudl be in between those two trend lines so between 210-215... stupid to guess what will happen after that, but if it continues with the prior pattern, my guess is a bounce up to 225-230 and then a final plunge (for now) to 120-140...
ChartArt
2 years ago
Exactly! This is why I was bearish on Monday, because I expected this old fractal to repeat again. And it did already almost.
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