andyhitchman

BTC $3900--3940 and then done?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Lots of fib extension lines converging at this point. Is this a strong indicator of the final top for this bubble?

If so, then I expect a rapid correction with a bounce and then a return to the long term trend.

Incidentally, the box in the chart is from my original charting showing my expected bubble development (the upside and downside was cleaned off a little while ago).
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