cryptopaatje

The JOES-fractal: comparing = suffering - BUT....

cryptopaatje Updated   
BITFINEX:BTCUSD   Bitcoin
Not all is lost!

At first: mea culpa, mea culpa.

To compare 2014 & 2018 is not easy: all the spikes, riddles, mountains, rockets, gates, pinnacles etc look alike!
So I have been wrong with pointing to a point in the graph which I thought resembled the most.

But after the drop of tonight I have to scratch my head: what the f... This isn't right. End of the comparison.

Well no, by zooming out and scrolling back for 10 minutes (pfff) in the 15minute graph to 2014, I start to believe I have been to hasty and have chosen a point to far in the graph.

So RECAP! :

I do think now, we are at the point accented with the brown circle.
I only can be sure when it is going up, within a few hours, back to ~7800.
If so, then I think we are on the right spot!

That also means it's going not that fast and the highest point (for a long time!) will only be reached around wednesday. And that will be only ~8800 or so.

After that we will go down in steps to 4000. (because the graph now has sunken again 500 points it will be sure around 4000 I guess!)






Comment:
lower then 7500, thus not 7800 but loewr and so not 7200 but lower!
well....and a spike to below 7000.....
so far so....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.