My BTC Prediction for BITSTAMP:BTCUSD by mnanut

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trendanalysis harmonicpatterns chartpattern btc

Not financial advice. This fractal is off of the 2016/2017 BTC bull run. Resistance and support seem to make some sense.

We break 10.5k by mid-September.

We touch 20k by the end of 2020.

We hit 275k by the end of 2021.

Comment: Man, TV doesn't show the chart without the other indicators... What a mess.

I will repost without the other indicators so it is more visible.

Comment:

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Comments

could this bull run be faster then previous ones?

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And here is a better view of what the original post was supposed to look like:

Same fractal.

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Here is a zoomed in view of the fractal I pasted. It is following it almost exactly.

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Thanks for sharing!
I think a short-term downward pressure is due. For both bullish and bearish wave counts, we are currently traveling in a flat with 1:1 extension at 9.6k and 1:1.618 extension at 9.9k. BTC is at heavy resistance zone.
Check out our wave count.

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We can only hope your right

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