cryptoculto

Bitcoin Bear vs Bull Fractal Trend Analysis

Long
BITFINEX:BTCUSD   Bitcoin
Markets are actually unpredictable, so they don't follow a predetermine pattern, but sometimes they do, and this analysis is done assuming this is the case.

The bullish scenario would put us at around 50K in a little less than 3 months.

The bearish route would mean a slowly drop to pretty low levels, perhaps under 5K, in a much longer time frame, probably over a year.
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