BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
In the next 2 week, there are some signals show that btc can go back to the price of $4545. These signal have been shown from 2d, 3d, 5d, 7d frame. It’s a quite strong recover so btc need a supportive marker in order to push the price up. At the moment, btc is being in $3400 supportive marker and it’s quite good. However, in some frames which is smaller than 2d one such as 1d, 12h, 6h,8h, there are downtrend and side way signal in almost 1 week. So btc is searching for a lower supportive marker( lower than $3400) and $2900-$3000 are not bad.
Then we have 2 circumstances:
Btc will side way about 5 days or a week and then recover to the price of $4545
Btc will decrease to$3000 and come back to $4545
All the signal that i have said above using ichimoku
In addition, I believe $3000 supportive marker than$ 3400 one
Same target
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I agree with your prices. It corresponds with the 200 MA on the weekly timeframe, but I am not so sure about your timing. Historically Bitcoin tends to crash just before Christmas (possibly people cashing out for Christmas presents or the holiday season or something). Maybe after Christmas (when people return back to their normal lives), the price will rally again (if the price did drop further as you also indicated on your graph).
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