NormalGuyOnTelegram

Bitcoin's price the following months - It's all going down.

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin have ever since 2017 September, when the actual bullrun started, followed a certain pattern. This is a pattern of a bubble, and the closest resemble to the BTC chart we have is the dotcom bubble. If you compare them side by side you can see BTC is following the dotcom patten exactly alike. This makes us believe it will continue to do it, and if that's the case we will bounce back up hard when we hit 5.5k, because that means we are double bottoming the sell off in 2017 November.
So the targets are like these:
Target 1: 5.5k
then bounce up to
around 9k
then drop down to 3.3k

Give me your ideas.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.