This is what I think will happen, Volume is slowly decreasing and is gonna drag the price down over a long period of time (6 month's to one year from top). 2-5k should be the bottom in 2019 if btc continues to expand. Smartest thing for big investors is to just wait and see where we are at the beginning of 2019 to then decide to enter or not enter the market OR to short market over a long period of time (take profit at 2-5k). Could be a fakeout to 12k on the way to bellow 5k. This pattern is very typical for parabolic trends and hype market cycles.
Remmember that this is only what I think will happen and is not something that will 100% will happen. I created this so I can look back on it in a year and see if I was correct or not and learn from it. Thank you for your time :)
Remmember that this is only what I think will happen and is not something that will 100% will happen. I created this so I can look back on it in a year and see if I was correct or not and learn from it. Thank you for your time :)
Trade closed: target reached:
Target box reached :)
