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oakman
May 29, 2017 8:57 PM

Bitcoin Daily Chart Fractal Potential 

Bitcoin / U.S. dollarBitstamp

Description

OK, bitcoin has made a bubble top right? Not so fast, where is the volume in this so called top? I think it is not done yet but very well may go to 3200 before crashing. We need to see a high volume top here, then I would be confident in calling it a top. It has a potential fractal also.

Comment

The last daily candle that was red showed a increase in volume. There was some panic going on there but still no sign of all out crash mode. I think it is a clue to a top coming up soon. So look for price to rally on high volume with a spike at some point.
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