FlaviusTodorius67
Long

The perfect symmetry

BITSTAMP:BTCUSD   Bitcoin / Dollar
As BTC/USD recently passed an important resistance line, the next key level to watch is around 680 USD.
Bitcoin likes symmetry and it likes fractals.

I think the real rally will begin sometime end 2016/beginning 2017 until the half supply will show its effect and some major economic troubles will unfold, pushing BTC to new all time highs in early 2017.

Maddie
11 months ago
Beautiful idea, where is it based on?
Or just on your thoughts and symmetrical facts? :)
Reply
FlaviusTodorius67 Maddie
11 months ago
Thanks.
It is based on a fractal pattern from the small peak in the bottom left corner.
The april 2013 runup, the subsequent low in summer 2013, and the november 2013 runup corresponds
to the pattern we see now.
I think that bitcoin likes symmetry and fractal self similarity. Which is intrinsically linked to mining supply and difficulty among
other things. A fundamental fact that I often miss here on tradingview.
Reply
Maddie FlaviusTodorius67
11 months ago
How about the bull trap in 2013 right before the rally? You don't think that's gonna happen?
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Maddie Maddie
11 months ago
This one in 2013 hehe
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Maddie Maddie
11 months ago
https://www.tradingview.com/chart/1ENsvqdx/
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Maddie Maddie
11 months ago
Ok last try ;p
snapshot
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Maddie Maddie
11 months ago
snapshot
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FlaviusTodorius67 Maddie
11 months ago
Hard to say if a bulltrap will happen.
Back then it was triggered by the silkroad shutdown news.

I think now the situation is pretty different than in 2013. But anything can happen with bitcoin, hehe.
Reply
Maddie FlaviusTodorius67
11 months ago
Okie I do expect a bull trap due to the halving and FOMO in the markets, pretting intresting!!
Everything is going following the plan :)
Reply
FlaviusTodorius67
8 months ago
Still on track, hehe :)
+1 Reply
BigWillyStatus FlaviusTodorius67
3 months ago
@FlaviusTodorius67, unreal lol
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mccd72
4 months ago
support you thumbs up, very perfect!
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FlaviusTodorius67 mccd72
4 months ago
Thanks :)
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erelerel
3 months ago
works perfectly.
+1 Reply
qwerti
3 months ago
god damn dude
+2 Reply
icedini
3 months ago
Please tell us; Are u from the future?
+2 Reply
Tanner icedini
2 months ago
@icedini, He's not, and this patten has happened before.
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FlaviusTodorius67 icedini
2 months ago
@icedini, I based this analysis on a fractal pattern that indeed occured in similar form already (April 2013 rally) :) So, unfortunately I´m not from the future. If I was, I would have used my knowledge and bought 100k bitcoin in 2010 XD
Reply
rivet.popper
3 months ago
Where does the ATH stop in 2017? Or does it stop...?
+2 Reply
FlaviusTodorius67 rivet.popper
2 months ago
@rivet.popper, I wish I knew :) I´ll soon publish a chart where I´ll try to guess the top of this current rally. It´s hard to to, since this rally has some characteristics that are a bit different from previous ones. So it could play out as previous rallies, but also quite differently.
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Lichtamberg
3 months ago
Damn... looks good! :D
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Tweek
2 months ago
Wow... Best forecast I've ever seen! Thumbs up!
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FlaviusTodorius67 Tweek
2 months ago
@Tweek, Thanks :) I`m actually pretty surprised myself that this plays out so well. After all, my first two bitcoin predictions were utter failures, hehe. But I guess one learns as time goes on. I hope that I can publish further charts, now that I think to understand how bitcoin works on larger timeframes. Cheers guys!
+1 Reply
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