BITCOINS -THE DIGITAL TULIP BUBBLE?
Made this chart when bitcoins were at $250, and now think they could head towards the $700 level??? Fib series from all time lows to $266 high, the -1.618 extension could be a likely target if bitcoins keep heading higher.
Bitcoins reminds me of the 2011 silver bubble, where silver's bubble popped at the -1.618 fib extension.
Click here to see current prices for The Digital Tulip Bubble
www.tradingview.com/e/FRPgqbtp/
Made this chart when bitcoins were at $250, and now think they could head towards the $700 level??? Fib series from all time lows to $266 high, the -1.618 extension could be a likely target if bitcoins keep heading higher.
Bitcoins reminds me of the 2011 silver bubble, where silver's bubble popped at the -1.618 fib extension.
Click here to see current prices for The Digital Tulip Bubble
www.tradingview.com/e/FRPgqbtp/