Hello friends, copying and pasting the previous cycle degree impulse wave at the start of 219.03 I noticed the recent high to 317.99 coincided with the strange spike on the week of 2011-11-21; five bars from the low. So, there is a possiblity of a market rally to 700+ on the week of 8-24 if history repeats
Someone has to buy all these BTC to start this rally. While we actually just had a rally. So the new direction is more likely downwards for a few days, maybe weeks.
frisby
⋅
There is no Willy anymore.
blackswan
⋅
copying and pasting previous cycles just to predict based on coincidental patterns is a sure recipe for disaster... anyone else thinks otherwise can go ahead and trade based on coincidences it's not going to be my money anyway.. :)