What was going on with bitcoin in 2017/2018 years has already happened in bitcoins history earlier in 2013/2014. Vertical growth, then vertical fall, and what happened later was what I expected to happen again when I sold bitcoin at 18000 and what I wanted to see to buy bitcoins again. Red line is a simple 200ma and in 2015 price bounced from 200ma on forming with higher low. So when I sold bitcoins at 18000 I simply waited the same story to happen and in 2018 december price has finally reached 200ma on again. And here I bought bitcoins again on half of my free capital. Second half I spent on bitcoins when price repeated on with higher low as well.
What does it mean for us now? Last bitcoin pump is simply repeat of history again together with work of pattern on . This pump was even stronger than I predicted, thats because market is different than it was in 2015, there is a very strong FOMO factor now. FOMO already did its work since break of 6000 level and helped bitcoin to pass all strong resistance levels 6400/7200/8000/9500/12000 with easy. But actually the real FOMO didnt even start yet and when it will start it will be even stronger than it was in 2017. Bitcoins history together with TA tells us current bullrun should have its top somewhere around 38000 zone. But with that strong FOMO it can be even more easily. And what if gets approved? Than I wont be surprised if bitcoin price hits 50000. FOMO should also make this bullrun shorter in time and more vertical in structure, I expect this bullrun to continue for next half of a year not longer.
Best is ppl fall for this look at ur charts u draw 3 scenarios... UP, DOWN Sideways., there's other possibility?
TA not about predictions i know about probabilities but once u show all possible scenarios its easy to be accurate.