The Bitcoin Megabull Cycle - To the Moon (Zoomed in Chart)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This is a zoomed in 1D chart of my previous Trading View chart of the Bitcoin             Megabull Cycle based on the fractal of 2012-2013. It was spot on so far until that additional leg to $780 probably due to that short squeeze that started on Okcoin Futures .

Bitcoin             blew past $650-680 and we continue our journey way higher as we head to the "moon". If we manage to hit $1000 Bitcoin             could get higher due to increased media coverage and more interest / hype that will bring new money in to the market. Google             Trends already shows accrued interest as seen in this chart: but still not parabolic interest (so there must be more room to moon imo             )

My conservative targets are: $840-$950 or $1170 and $3000+
The current fractal potential target is: $10000 - 9000

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Trade active: Bitcoin megabull trade is still active until the red line is violated.

If line is violated I would suggest to rebuy or long at $550-520 for a potential double bottom on that old support of 2014
Comment: Currently the red line has been violated if this continues expect a drop to my revisited targets of:

Expected bottom: 570-580
moderate bottom: $550-564
high volatility with margin calls: $525-540
Trade closed manually: Unfortunately the red line was broken and like i warned in the comment section down below another chart comes into play with a double bottom at $550 area. We will consolidate at those levels for at least 3 months.

This means for now the megabull has ended. I believe sometime in October 2016 we will resume the megabull to $10000 area. I will publish a chart when I get time away from personnel life and work to show you why the bull trend is still alive short-term and long-term as long as we remain above $460

In the meantime you can follow me on twitter to get quick updates on recommended trades and setups!
So was today a bs move like a Mt Gox before the moon? Or is the chart invalidated?
BitcoinGuru rivet.popper
As long as we remain above the red median line on my chart and do not close below it on the daily then the trend is still intact.
if we go under with big volume then this chart comes into play
+1 Reply
Where do you see LTC going now, given the fear surrounding ETH?
BitcoinGuru rivet.popper
I wouldn't be surprised if LTC revisited its old 2013 ATH @ $30-45 per LTC (as long as ETH completes its H&S and crashes)
rivet.popper BitcoinGuru
Even if BTC goes to 9000 USD? If ETH crashes I can imagine LTC going a lot higher than that, since, also like 2013, it will be where all traders cash out after making bags of dough in BTC.
BitcoinGuru rivet.popper
speculating here: Yes if BTC goes to 10-9K USD then LTC will reach $450-360
+1 Reply
rivet.popper BitcoinGuru
Hm, LTC with little downside risk at only 5 bucks and up to 450 USD upside potential = Bet I Will Take.

Even if your prediction's way off mark and we only get halfway there, you can still net a shitload of money if you pick up a few thousand at these prices. Thanks!
850-900s and we drop :P
BitcoinGuru tootyfrooty
its another possible scenario i tweeted my modified lowstrife chart here yesterday:
we can drop from 840-950 and double bottom at $520-550 then moon end of 2016 or beginning 2017 will see
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