Bitcoin to drop to $3500 before rise to $6000 by end of Sept Long

Bitcoin / DollarBitfinex

Description

⋅ Sep 4, 2017 10:00 PM

Here's my trend analysis for this new month and the upcoming new all time high of $6000 by the end of Sept 2017.

Watch for bitcoin to fall slightly to about $3500, then buy buy buy and hold through the end of the month for the big payoff!

Trend Analysis Bitcoin (Cryptocurrency)bitcoinforecast bitcoinprice BTCUSD BTC btce bitfinex

Comments

junkofdavid2

⋅ Sep 5, 2017 3:55 AM

Hi there Tin.Foil... I don't understand from the indicators where the 3,500 bounce comes from? Cheers

Tin.Foil

⋅ Sep 6, 2017 9:41 AM

@junkofdavid2, It's a common occurrence I've noticed on Ichimoku is that we'll bounce right off the shoulder of the support cloud. Plus if you consider that it falls on the date of when BTC-E is planning to refund customers with BTC and BTCT (tokens), then it could mean more bitcoin coming into the market from BTC-E and bumping up market buys on the 15th. Both things happening right around the same time should give us another little boost.

junkofdavid2

⋅ Sep 6, 2017 10:05 AM

@tin.Foil, I get it now, thanks!