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Dec 15, 2018 2:47 AM

Bitcoin Simulation Playing out to a Tee - $6.5k next target Long

Bitcoin / U.S. dollarBitstamp

Description

I first tweeted out this chart on 10 Dec but thought I should publish it, as I seldom publish any more. This is how I see #bitcoin playing out thru the end of 2018 into Jan 2019 for a monster bull run. Yes, BULL RUN. Feels good to say that, after 8 months of being Bearish and calling for 3k to be the bottom.

Comment

The idea is the next major push will be lead by a short squeeze, then longs pile on, leading into an inverse head and shoulders, to 6k,then 6.5k to induce FOMO, then final capitulation to 2k.
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