Bitcoin - a forecast based on averages for BITFINEX:BTCUSD by UnknownUnicorn897809 — TradingView

Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoindollar bitcoinusd BTC BTCUSD btcdollar

trendanalysis chartpattern indicator bitcoin bitcoindollar bitcoinusd btc btcusd btcdollar

This is merely a forecast of the BTC price, based on time and percentage gain and loss of previous "waves". Should we have another "average" wave, this is what things could look like.

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Targets:

Top @ ~16k, 10-15 Jan 2018

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I have found this sort of time/average based TA to be quite useful in the past, see here:

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Bitcoin - Possible bounce @ 6000 psychological support

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There you go, target met

snapshot

Trade closed: target reached

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Wow

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