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EIP-EverythingIsPlanned
May 26, 2018 9:29 PM

Bitcoin's Journey to USD 3000 - Optimistic estimate Short

Description

Bitcoin is doing correction to the 20k parabolic rise.

it is easy and open for everyone to see; there is currently no moon or pump in sight.

Investors should wait till bottom before investing

Traders should keep the shorts open.

3000 is optimistic value; bitcoin can go lower to 2000 or even 1000.

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Trade active

Short term trade - most likely scenario

Comments
fishsticks101
EIP-EverythingIsPlanned
guillesh
@fishsticks101, hahaha that will not happen, I don't say up or down, but those triangles always break down....
LiuXZ
@guillesh, Yes, I think so too, all the support will be broken
RealMcafee


RealMcafee
@barclayjames, and this actually ONE fractal - coming in consecutive order after the correction fractal - and not two stuck together to look like one ;)
EIP-EverythingIsPlanned
@barclayjames, thanks, I appreciate your feedback and input
Acel
@barclayjames, Part of the bottom triangle on smaller tf. The upper one is mirrored or flipped and the other one a little stretched on time axis.
lisek15lisek
@barclayjames, this is exactly what I think what it's going to look like.

Unless there is some major FUD we won't go below 6,5k for a very long time too, if ever.
RealMcafee
@lisek15lisek, It's a possibility for sure, if we bounce and settle back at this level I'll confidence in this idea.
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