KinkoHyoo

Bitcoin will never see 8.5k again?

KinkoHyoo Updated   
BITSTAMP:BTCUSD   Bitcoin
If you look at the Bitcoin 3D chart and fire up the Ichimoku cloud you will notice that the Kijun-sen line acts as support in every bull market so far.
To make things easier to read I have made the Kijun-sen line as a region and I also removed the Tenkan-sen and the Chikou-span lines.
I use the double Ichimoku settings that is recommended for Bitcoin (20, 60 ,120, 30).

Currently the Kijun-sen line is slightly above 8.5k so if history repeats itself we will never go below this price again.
This is not financial advice, just a pattern that I discovered.
Trade with caution and don't get rekt! :)
Comment:
I have created a new Idea. If you know how I can delete this one then please let me know in the comments section. :)
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