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veryevilone
Jun 24, 2018 12:41 PM

Bitcoin from gap to gap - chart voodoo 

Bitcoin / U.S. dollarBitstamp

Description

This is an idea that predicts BTC bottom around 5k. If you draw fib lines from the ATH to that level a 50% retrace (which are common) will take it to around 12k. This also coincides with the gaps in the volume profile. Lets see what happens. In the end this is just gambling and not a science.
Comments
janichj
This make sense. The answer is weekly MACD. Thx.
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