ChartArt
Long

One Secret Chart Of Bitcoin Bulls

BITSTAMP:BTCUSD   Bitcoin / Dollar
3301 3 14
This is a chart for the Bitcoin bulls. I highly doubt that we are staying in this very old price channel . But if we do - there is room left for a new Bitcoin price increase in the last quarter of 2014.

This is my customized version of the very popular chart from emanance (https://www.tradingview.com/v/CawRUdgA/). I changed the upper trend channel line to be aligned with the oldest price peak and I also added a 200 day weighted moving average price indicator to my version of his chart.

Very old historic Bitcoin chart data provided by TradingView user munkeefonix
(https://www.tradingview.com/u/munkeefonix/)
TradingView doesn't show the entire chart with the entire historic data and I can't change the zoom after publishing the chart, so please zoom out yourself with the menu on the bottom of the chart or take a look at my zoomed out screenshot:

snapshot
+2 Reply
Wauw 15th of august!!
My prediction was 18th of august, really close! :)
Reply
And here is my optimistic forecast from 20 days ago, which - until now - is following exactly my idea (the arrows) which I drew only on a gut feeling:

A possible path of a big Bitcoin correction (4xForecaster chart)
+2 Reply
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