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Yogigolf
Mar 28, 2018 9:17 AM

Bitcoin Cycle is not done yet  Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin has not reached the top of its cycle based on the long term trend. Price moves are created by triangles, looks like we are in one which is supported by the long term trend. This triangle looks to be about 5 months long, a similar time frame to the other big pre jump in 2013. It's possible price reaches $100 000 - $250 000 by the end of the year then likely back to the $30 000s.
Comments
FRXMACHNE
I would love that if it happens but it is very unlikely though
JoshuaVanier
@sdahiya117, why is that? it sure looks like the 2013 movement and correction prior to the run up in 2014
FRXMACHNE
@JoshuaVanier, I am expecting it to hit 50k tbh. But I don't know if it goes above that. I would be happy either way though. Thank you for the TA
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