pmpl27

patterns in btc long term prediction by a noob

Long
pmpl27 Updated   
BITSTAMP:BTCUSD   Bitcoin
based only in patterns in the past
Comment:
3rd cup with bottom between 15k to 20k$, so i would say 17.500$
Comment:
If we watch the RSI (14, close) in weeks, in 2013 the correction reached a level of ~47 more or less, today we've reached this level, so we may pay attention if it closes above or below this level.

if it closes right in ~47 i think we've reached the bottom of the correction and we're in the 2013 to 2014 situation, if it closes below i don't know what to think.

here's the RSI with the chart:
i.gyazo.com/0674e38c...41e5113f7c670cea.png
Comment:
seems we got the bottom haha, let's see if it continues going up! fingers crossed
Comment:
rekt
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