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DropDead_Fed
Jul 16, 2018 8:28 AM

BTC bottom call - $4300-5800  Long

Bitcoin / U.S. dollarBitstamp

Description

Calling BTC bottom as the bottom of what I show as the "Value channel" here. If BTC can hold onto this last low until December of 2018, then the bottom is in IMO. But I expect a bounce up to perhaps $7800 and a final capitulation below $5800 to set the bottom by fall (ideally). Anything could happen and no one knows except the CO.
Comments
johntradingwick
DariusKarremans
legend:

tearliner
@DariusKarremans, LOL i laughed
DariusKarremans
@tearliner, why hehe, look at the inscriptions. He said that the bubble would pop when BTC left the parabolic growth and it would re-enter the historic value channel, that is exactly what it did and its doing. Thanks to him I sold at 16k and i'm still waiting for the bounce on the lower blue channel.
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