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CivilisedWolf
May 5, 2018 8:10 PM

The Road to Ultra All time High and Beyond - 30K BTC Long

BITFINEX:BTCUSD1D
Bitcoin / DollarBitfinex

Description

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Hi everyone,

Today a very speculative analysis from me. What could the road to ultra all-timehigh look like?

I tried to research our route and I see a strong resemblance in 2017's fractal - just alot bigger.
We have an ADAM X EVE double bottom match + cup and handle formation. The cup and handle formation (if played out further) can launch to extreme height if completed.

Fractals happen again, if not partially. So... Will we do exactly the same? Probaly not. But there is a good chance that this could be the rough route
Bubbles move in exponential speed - This means things go slow and then faster and even MORE faster in a shorter duration of time. EXTREME
Hopefully we can look back at this post seeing if it worked out or completely failed. Well.. Thats the fun of it it.

en.wikipedia.org/wiki/Exponential_function (If you want to know more about exponential rates).

Please remmember that this is just an scenario. Never put fate in a single trader. Do your own research.
Humans make mistakes!

Greetings,
Vincent

Comment

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Jajaja call me crazy -
Trend AnalysisChart PatternsATHBTCbullrunrallyBitcoin (Cryptocurrency)
Comments
Basil13
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eve looks like shes bout to give birth to a big fat bear cu
RustyRue
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We can only guess about the probability of this scenario, but it is worth considering and I would love it to happen! ;)
wicksell
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Fractal 2017
CivilisedWolf
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@wicksell, Nice!
MartijnMaria
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Fijn!
Gmaildotcom
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Goed bezig
Rainman2
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Sorry for so many comments, I'll just add one more: the 120k idea seems bonkers right? Well, so was this idea a month ago... but now it's within the realm of possibility.
CivilisedWolf
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@Rainman2, Very interesting charts you post! Well done!
Rainman2
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we're trying to get to the confirmation line for the second fractal now...
Rainman2
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we've completed one of these already:

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