Sporia

Correction and future of Bitcoin

BITSTAMP:BTCUSD   Bitcoin
Everything lines up for a 11300-11500 range correction back down to the trendline before the halving event , now we all know we are trading in the wild west, so i expect a scam wick up to 11750 before pulling back to the range mentioned above then breaking down to the trendline at about 8500 over next 40-50days.


Expected start of pullback would be at the end of this month down to the 8500-9000 trendline but it would only be in that range 48-72 hours before bouncing back up to 0.168 fib at 9500, this could be the best long entry on high leverage of all time.

Looking at the Fib Zone Times the week of July 6th seems to be a week where something big will happen this date also comes to the end of the 3 year triangle created by the bubble of december 2017 this week will put the spotlight on bitcoin around the world.


As the digital world comes ever closer i see the value of gold be used for things more like rocket ships(NASA) and true replacement to gold will be bitcoin because the new generation of humans will value pixels more over than metal, take one quick look at Epic Games and Fortnite that has brought in over $3 billion dollars of revenue in one year alone and the game is free, the new generation growing into the world will value digital assets much more than the current generation.

There is a massive paradigm shift of the economic world happening and bitcoin is that catalyst for that change.

Summary

11300-11500 correction starting March
8500 Trendline over 40 days
Bounce to 0.168 fib (9500) 48-72 hours after touching trendline
Week of July the big event ?



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