Anarcho-Capitalist

Bitcoin Weekly Cycles

Long
BITSTAMP:BTCUSD   Bitcoin
Seems like there's a solid pattern here. I traced it on 12/08 right in the beginning of the second dip of ~20%. So far, it has played out perfectly. Let's see if it holds up.
Comment:
If we cross down the 15600 support line, next stop would likely be at 13200. If the first suppor line holds, we could be seeing 20000 by Christmas.
Comment:
We just broke resistance at 15750. Should see a steep climb now to new ATHs.
Comment:
Adjusted chart:
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