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BloomTrader
Jun 19, 2018 4:43 PM

BTC 2018 Vs. History 2 

Bitcoin / DollarBitfinex

Description

The support and resistance minefield.

Added Nikkei, the Japanese stock exchange made a parabolic move trough-out the 80's peaked in 1990.

See any correlation?

Comment

Bitcoin could make a similar move as the Nikkei. Compared to the Nikkei, we would be going up now to the 0.382 Fib (-53%) Let's see how this develops...

Comment

Amazing

Comment

Expecting an up-move in the triangle to the 50-week moving average going in to July.
Comments
SFishwick
nice chart! Very interesting. Yep, I sure do see some correlation.
terpico
itanimulli?
BloomTrader
@terpico, no i'm not a conspiracy theorist ^^
terpico
@BloomTrader, Okay, it was a joke, I liked your job, congratulations! This looks like the cycles are repeated. Now we go down to hell? OMG
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