cointrader11

Fractal of Greece Bubble

BITSTAMP:BTCUSD   Bitcoin / Dollar
238 10 4
Looking to see if the Greece Bubble Fractal is still in play. Judging by the duration of this lunar phase and the Fib retrace levels, I'm kind of expecting it to stop pumping at the 50% fib. Just publishing this idea to see if it comes true later.

I could also see it testing the 61.8% fib before a minor correction at $420 finex.... but that would violate the Greece Fractal and nullify my theory.

See link for Greece bubble Fib Retracement:
snapshot


If this current price run goes past the 61.8% fib and I'll declare myself wrong and a bad trader :)
yes the top is 424 finex imo and not 400
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cointrader11 BitcoinGuru
Yea the 61.8% fib
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cointrader11 cointrader11
alright so we hit the 61.8 fib basically. If we manage to push past that, it's safe to see I am a failure lol
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BitcoinGuru cointrader11
well same here im expecting it to fail at 424 area. But were against the bull market here, everyone is megabull lol thinking $500-470 again.
i guess if 424 gets popped by the pumpers so yeh..
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cointrader11 BitcoinGuru
I'm a failure! FAIL!
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BitcoinGuru cointrader11
naa man who'd have thought that wed get Willy 2.0 again after Mt. Gox failure.
now we know its back, so expect ridiculous prices per BTC in few months from 475 up to $700 and higher close to halving id say $1300-3500 thanks to willy lol
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IvanLabrie PRO BitcoinGuru
If too many short at 61.8 it will go up to stop them...Uptrend has been strong, let's wait a bit.
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BitcoinGuru IvanLabrie
agreed. i think 475/500 is a good target for short term.
as a side thought, i think anything above 300 and yet alone 500$ is way too expensive for bitcoin. i dont think BTC worths as much as the MM makes it look like. i wouldnt even recommend my close friends to buy into this.
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IvanLabrie PRO BitcoinGuru
That's a subjective perception...I don't mix that with trading.
Reccomending people to buy is tricky, I don't do it...people are slow, or buy whenever they remember and perhaps price is high already, etc.
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BitcoinGuru IvanLabrie
yeh i look sometime at the BTC market from a general view and not trading lol. so you still think $3000+ is achievable per monthly time node seeing the Yuan devaluation etc. ?
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