pesch

LONG Bitcoin and its fantastic Fib-Levels (Long Term prediction

Long
pesch Updated   
BITSTAMP:BTCUSD   Bitcoin
Based on the Fib-Levels of the last big BTCUSD moves, we can try to predict the new tops and lows of Bitcoin.

The actual Bitcoin price bubble bursted at ~20k. 20k is a cluster of several Fib-Levels of the last Bitcoin Bubbles (77.66 Level from 2013 and 17.9 Level from 2014).
Based on this observation I tried to find some more Fib-Clusters.

Its amazing how well they fit!

Lets wait and see, if history repeats - and if the important Sell-Levels and Buy-Levels will exist in Future!
Comment:
According to the analysis I am predicting a bottom at 4800 USD and the next top at ~78000 USD.
Comment:
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