Bitcoin Price Prediction for 2018: Golden Ratio

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Red trend lines are important.
Most important 0.618 Fibonacci level!

In next month we might break 0.786 Fibonacci level (6000$) and come with V shaped bottom at 0.618 Fibonacci (4800$) to make a jump into new rally with possible final target at 1.618 Fibonacci (12230$)

Trade active: short term target 6320
Comment: My post of Wyckoff before it was mainstream :D

Trade active: Wait for 5950
Trade closed: target reached:
Trade active: Check RSI break Triangle in Downward direction!
Trade active: Price Break Resistance Line:

Candlesticks shows Bullish Engulfing:
Trade active


Wow . worked great this idea
Interesting Bitcoin Fractal

You are the King of Flip Flops. lol.
+3 Reply
you just said support in 6100 and up now down goood very very good
+2 Reply
this is my chart i think 5500-5300 is coming soon
AShev.... Finally found your great TA that is targeting an EASY TO READ price stop for near term. LOL I see this happening and was wondering what in the world that price would be..

If anyone in this chat area is new to Tradingview, I just published a HOW TO support in the Educational category (it is NOT forecast TA)

+2 Reply
@fayyad, This chart is beautiful I could NOT ignore the profound artistic value. It is GORGEOUS. I gave it an AGREE strictly for the hard work you vested into the work, Fayyad
+3 Reply
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