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myles.cameron
Oct 15, 2017 4:52 AM

From one ATH to another $6600-6800 early November Long

Bitcoin / U.S. dollarBitstamp

Description

This idea is based off the previous growth and decline rates seen in the repeating pattern of bitcoin. The segwit2x fork will likely increase the growth rate pattern seeing the ATH before the fork and symbolising the start of the next pattern. We can see a 25% increase in pattern rates which is in line with the growth we have seen.

Comment

Due to current sentiment we could see a less volatile consolidation with a steady value for the next 1-2 weeks

Comment

Note that the last 9 is in the wrong place should be further up the incline.

Comment

Looks like we will bounce off 5000, still predict a bounce in the next week
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