CryptoWhis

BTC Return to "Normal" followed by Fear and Capitulation.

Short
CryptoWhis Updated   
BITFINEX:BTCUSD   Bitcoin
This is my best bet at what will happen with the crypto market.
We didn´t have a clean bull trap, fear or capitulation stage yet, thus I´m thinking we´re still in denial stage until end of August.
People still think bullish subconsciously.
We could have a small rally with the beginning of the new PI-Cycle till year end. When everyone thinks we´re going back to "normal" things turn around to fear, capitulation followed by despair.
Either way, I consider a death drop either September 2018 or during next year.
Comment:
Consider with all those Algo Bots running, the market is very mechanical. If we follow the way they calculate and make forecasts, then using all these technical indicators and time indicators is out best bet at predicting the future of bitcoin.
Comment:
RSK is releasing September, a catalyst for BTC to make intermeidate-term higher highs.
ICE Bakkt is a reason for retail to latch on until year end.
Then we get the bad news. Some kind of Ban? Boom...
Comment:
Guys I don´t think the bull trap will happen. We failed to break out right at the new 8.6-month PI-Cycle.
Check my new analysis for an update:

Comment:
I think the July and August runs were the bull traps. We broke the 6.8k in July, everyone became ecstatic, but then we failed to make higher highs. A bull trap.
Comment:
Revised once again. Bull trap will happen imo. Prepare your wallets. The bull trap always happens as a fractal on all timeframes.
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